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.
For the purposes of the premium tax credit, household income is defined as the Modified Adjusted Gross Income (MAGI) of the taxpayer, spouse, and dependents. The MAGI calculation includes income sources such as wages, salary, foreign income, interest, dividends, and Social Security.