If you have a Health Savings Account, or HSA, and aren’t using it to pay for medical epenxes, you are missing out on tax benefits. As we explain in our Health Savings Account Guide, HSAs have a triple-tax advantage: Put Money in Pre-Tax – Contributions put into an HSA are not taxed. Meaning, your adjusted […]
Read More >>
There are many ways to maximize your Health Savings Account, or HSA. We list many of these in our Health Savings Account (HSA) Guide. This guide also provides a nice overview for those who are a newer to Health Savings Accounts. They include things like: Shifting dollars from the savings portion of your HSA to […]
Read More >>
2023 may be your first year with a Health Savings Account, or HSA, and you are looking to understand how it works. Or, perhaps you may have had an HSA for years but haven’t used it. It sounds weird, but I love writing and talking about Health Savings Accounts. I don’t think enough people know […]
Read More >>
I’m making a bold statement today: An HSA is the absolute best retirement account. Not taking full advantage of an HSA – or Health Savings Account – can be a costly mistake for those who are in the financial position to contribute to one. There is a general lack of information about the advantages that […]
Read More >>
It’s now been more than 100 days since COVID took a hold on the United States. COVID has resulted in mass-shutdowns of businesses, schools, and workplaces, led to stay-at-home orders, social distancing and mask-wearing, and ultimately took the US economy from a sprint to a crawl. We’ve seen tens of millions of Americans file […]
Read More >>
Today I have a simple hack to help you save money on allergy medicine. Let me start by establishing some credibility: I have bad allergies. I’ve had sinus surgery and the underlying issue is partially due to my bad allergies. After my sinus surgery I went to an allergist and found out I was […]
Read More >>
Millennials face a ton of financial challenges. Student loan debt. Wage stagnation. High cost of living. High cost of childcare. Credit card debt. The list goes on and on. Of all the financial pressures that millennials face, nothing quite compares to health care, specifically the cost of health care and how it is currently […]
Read More >>
Health care in the United States can be summed up in two words: complicated and expensive. For those that can access and afford health care in the United States, many would argue that the US health care system is the best in the world. But what about those who can’t access care? Or can’t […]
Read More >>
The saying goes “the United States has the best health care in the world…if you can afford it.” While there are many trends that are concerning from a personal finance standpoint, such as high cost of living and stagnant wages, the two issues on the forefront of my mind on a daily basis are […]
Read More >>