A Health Savings Account (HSA) is a special type of savings and investment account designed to help you save for healthcare-related expenses. When used as intended, an HSA account offers arguably the best tax advantages of any type of account in your portfolio. But there’s a secret trick ...
Health savings account (HSA)—You may be able to leave the money in your old account or roll it over to a new HSA provider. Check with HR for details. But that money is still yours even if you leave your job, so there's no rush to spend it (though you won’t be able to make...
We descended the South Ridge, then the Gooseneck Ridge, and rappelled past the crux pitch. Reversing the rest of our route, encountering only a few sprinkles descending from Bonney Pass, we arrived at our camp just over 12 hours after leaving. Unfortunately, we only had one day left on ou...
With the current overheated housing market here in Colorado, I’m not tempted to even look at other properties, but someday that may change. And the great thing about havingactual savingsrather than just a high income that lets you qualify for a loan, is that you can be ready to pounce ...
The health savings account (HSA) is a tax-advantaged account that allows you to contribute money for every year you have a qualifying high-deductible health plan (HDHP). These funds lower your taxable income, grow tax-free, and – if used for qualifying medical expenses – can be withdrawn...
You offer an HSA or Health Savings Account QSEHRA only if employees are enrolled in an HDHP, i.e., Highly Deductible Health Plan, which is a requirement for HSA You can provide QSEHRA and HSA together; only QSEHRA reimburses or covers only premiums ...
But Wait, This Budget Wouldn’t Include Any Savings! Well, actually it does because Joe is still putting a pre-tax salary deduction into his 401k every pay period! Woohoo again! Jane and Joe have done such a tremendous job of saving and investing over the years that they’ll be...
if it’s been a while since you went to see your dentist or dermatologist, for example, then make those appointments asap. And when you visit, make sure you apply your Health Savings Account (HSA) funds to these costs as well as any funds you may have in your Flexible Spending Account...
(Side note: If you can spend money this year to make yourself a more valuable worker in some way, you will likely increase your future income way more than an extra $6k of retirement savings this year will increase your future investment growth.) ...
Work from home/anywhereCan I just leave town on Wed/Thursday and go to a beach house to finish working out the week? There are HUGE costs savings to working from home, but do pay attention if you need to supply your desk, chairs, monitors, etc. ...