Wells Fargo Benefits. 1  Health Insurance. Health Insurance (647 comments) âThe best thing about the health coverage was that it was consistent and started on the first day you started workingâ. 2  401K Plan. 401K Plan (556 comments) âyou are able to get loans from 401k at 6% interestâ. 3  Vacation & Paid Time Off.
The premium tax credit is a government subsidy to help make health insurance premiums more affordable for middle and low-income people. The subsidy is only available to people with modified adjusted gross incomes from 100 to 400 percent of federal poverty level.
Introduction Date: June 11, 2012 Decision Date: June 25, 2012 Page 4. ï· The credit is advanceable, with advance payments made directly to the insurance company on the family's. behalf. At the end of the year, the advance payments are reconciled against the amount of the family's actual. premium tax credit, as calculated on the family's federal income tax return. Any repayment due from the. taxpayer is subject to a cap for taxpayers with incomes under 400% of FPL.