Hi Personal Finance Fans,
Here is an easy question for all the economic gurus in this forum.
I am currently working for one global corporation. My wife is working for a big USA organization.
At this moment we are paying for our health care insurance from our own employers, we both pay now around $226.84* per month.
If she drops her insurance from her plan, and I add her on mine, then we will be paying $225 per month.
*The 226.84 number is calculated by multiplying by 2 her health care deduction, but she is paid biweekly, so it might be a little off.
- Do you think we should switch?
- Would this change bring us any tax issues?