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.
Starting with the 2014 tax year, the Affordable Care Act, or Obamacare, legislation established the premium tax credit or PTC. Itâs a refundable credit, which means you can collect it even if you donât owe any federal income tax. Hereâs what you need to know about the PTC at tax return time: PTC basics.