To counter that, the VA institutes higher loan limits in costlier counties, basically increasing the amount qualified borrowers can get without having to put money down. So, for example, in San Diego County in California, the VA loan limit for 2015 is $562,350. In Frederick County, Md., the limit is $625,500.
Retiree-only health plans are still subject to COBRAâs requirements, however, because COBRA does not. include a specific exception for such plans, even when they are separate from an active employee plan. Instead, from a COBRA perspective, the key issue is whether there is (a) a group health plan, (b) maintained. by, (c) an employer.
You canât enroll in Medicare until January, and coverage wonât start for another six monthsâthatâs 12 months without coverage. Like retiree health benefits, COBRA is a secondary payer to Medicare. It provides coverage under your employer plan for up to 18 months to the retired worker and up to 36 months for a spouse.