My employer erroneously made an excessive employer contribution to my HSA, which was corrected within the same calendar year, specifically 2 days after the excessive contribution was made. Do I have to report it in my US tax forms (if so, how?) and/or will I get penal...
The Affordable Care Act, also known as Obamacare or ACA, requires most Americans to have health insurance that meets a government standard known as "minimum essential coverage," or MEC. Whether your insurance qualifies as MEC depends not on the plan itse
When it comes to planning for retirement, one of the most common tools individuals have at their disposal is a 401(k) plan. However, not every employer offers this type of retirement account to their employees. If you find yourself in this situation, you may be wondering what alternatives a...
Saving money for the future is a good way to help protect your financial health and prepare for the unexpected. 3 min read Workplace Benefits FSA vs. HSA: What’s the Difference? Depending on your health insurance plan and your employer, you may have access to a health savings account (...