What Is The Affordability Percentage For 2024. In 2024, the aca's affordability percentage will decrease significantly to 8.39%. The direct impact of higher mortgage rates on housing affordability has received much attention.
For 2023, the irs set the affordability percentage at 9.12% (this was a significant decrease from 9.61% in 2022). For 2024, the affordability percentage significantly decreases to 8.39%.
This Percentage Is Used To Assess.
As shown in the table below, for plan years beginning in 2024, the affordability percentage for employer mandate purposes is indexed to 8.39%.
The Direct Impact Of Higher Mortgage Rates On Housing Affordability Has Received Much Attention.
The reason is a longstanding.
The Consensus Reflects A Major Problem:
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The Internal Revenue Service (Irs) Recently Announced That The Affordability Percentage Used To.
This is a significant decrease from.
For 2024, The Affordability Percentage Significantly Decreases To 8.39%.