Posted by Suder Group, LLC

If you do not have health insurance, there is still time to sign up for coverage. Open enrollment ends on February 15, 2015.

If you need assistance, I can help you find a plan to meet your needs and get enrolled, either on the Washington State Exchange or directly with a health insurance company.

Important information you should know about the income tax penalty:

If you don’t have coverage in 2015, you’ll pay the higher of these two amounts:

•2% of your yearly household income. (Only the amount of income above the tax filing threshold, about $10,000 for an individual, is used to calculate the penalty.) The maximum penalty is the national average premium for a bronze plan.

•$325 per person for the year ($162.50 per child under 18). The maximum penalty per family using this method is $975.

If you have questions or would like assistance, please call Loy Suderman at (206)569-5415.