Plus, while the two options just mentioned aren't tax-advantaged accounts, you can open an HSA if you have a high-deductible health plan. It allows you to make tax-deductible contributions, and withdrawals used for qualified medical expenses are tax-free. ...
Very Profitable Earning $1 Million A Year After tax cuts were introduced in 2018, making more money has never been more profitable. Not only did the top federal marginal tax rate get cut from 39.6% down to 37%, the income threshold for the top federal marginal tax rate also rose from $...
Thanks to the unrelenting rise in the stock market since 2009, there's now a trend on social media to share your 401k balance, especially if it's over a million bucks. Yes, being a 401k millionaire is now a real status thing! Despite the distastefulness of bragging, just the fact that...
Also, HSA contributions are pro-rated based on the number of months you were in an eligible plan. 10 R Quinn 1 year ago Reply to Rick Connor Many variables with all these plans. That why I was ranting about reading all the literature. My pension was calculated daily and you could re...