Open enrollment for 2027 coverage starts November 1, and the self-employed ACA subsidy cliff looks very different from the 2021–2025 years. Your household income might land above 400% of the federal poverty line, which is $63,840 for a single person. In that case, you get no premium tax credit at all. Take advance credits on … Read more
Freelancers aren’t legally required to buy private disability insurance simply because they’re self-employed. But losing the ability to work can be financially severe precisely because there’s usually no employer disability benefit sitting underneath you. What matters most in deciding: how dependent you are on your own earned income, whether anyone else relies on that income, … Read more
Business insurance for freelancers is not governed by one universal U.S. rule. A freelancer may have no legal requirement to buy a standard general liability policy, while another may need coverage because of state workers’ compensation law, commercial vehicle use, professional licensing, a lease, or a client contract. The practical question is therefore not simply, “Do … Read more