While HSAs are not intended to be used for retirement — they're designed to help you pay for qualifying healthcare expenses — they're a tax-friendly investment vehicle that can act asa powerful retirement-savings toolif you let your balance compound over years. There is one catch: You ca...
If you’re preparing to open a brick-and-mortar food or retail business, picking the right location is extremely important. As you scout locations, there are a few things you need to keep in mind: Online only: If your business is online, you need to consider where you will host your ...
Being a good parent is,of course,what every parent would like to be.But defining what it means to be a good parent is undoubtedly very __1__,particularly since children respond differently to the same style of parenting.A calm,rule-following child might respond better to a different sort ...
Starting a business is a pursuit that appeals to many, but not everyone knows where to start. This guide will walk you through the elements of starting a business and explain what you can expect as you embark on the journey.
To start your emergency fund, open a high-interest savings account, like a high-yield savings account. If you want to avoid temptation, you can have it at a separate bank from where you keep your checking account. Adding some friction to easy transfers can help if you’ve typically dippe...
If your no-spend challenge is successful, before long you should have more money in your bank account. And if you do a no-spend challenge long enough or often enough, you might even develop some better spending and money management habits. So how to do a no-spend challenge? We have som...
Negotiate price:“Many people don’t think about negotiating the cost of summer camp, but it is possible,” Tayne says, and more and more camps are open to it. See if there’s an “honor system”:Some camps have what’s known as an honor system, where the camp offers a range of ...
Individuals who have an HDHP may qualify to open aHealth Savings Account (HSA), and the two are usually paired together. To qualify for an HSA , you must meet these eligibility standards established by the Internal Revenue Service (IRS):1 Have a qualified HDHP Have no other health coverage...
Do you want to save money on your monthlyhealth insurancepremiumsand have the opportunity to open ahealth savings account? If so, you’ll need to have ahigh-deductible health plan (HDHP). While high deductible plans might not be for everyone, they're a good option for people who are gen...
Alimited purpose flexible spending account(LPFSA) is a special type offlexible spending account(FSA) that may be available if you are enrolled in ahealth savings account(HSA). An HSA is a type of savings account that lets you set aside pretax money to pay for qualified medical expenses. Y...