… uses. Elder care may be included, too. What’s covered can vary among employers, so check out your plan’s documents. Health savings accounts are tax-exempt accounts you can use to pay medical expenses. If you have a high-deductible health care plan, …
Category: IRA
HSA: The best ‘retirement’ account you don’t know about
HSA: The best ‘retirement’ account you don’t know about Turn a health savings account into another pot of retirement money. Check out this story on USATODAY.com: http://usat.ly/2m4vLr9 An HSA combines the best features of all the various tax-advantaged retirement accounts available.
It’s tax time, but don’t pay more than you have to
While few may raise their hands, Americans regularly overpay because they fail to take tax deductions for which they are eligible. Here’s a quick look at the six most overlooked opportunities to manage your tax bill.
Dave Ramsey: Don’t transfer 401(k) funds into an annuity
Q. My husband was recently laid off, and he has $229,000 in a 401 . He has been told that he should roll it into a hybrid annuity.
What Is the DOL Fiduciary Rule, Coming in 2017?
The relationship many of you have with your retirement investment advisor will change on April 10, 2017. It could result in your advisor charging you higher fees while providing you with less guidance – or in you getting no guidance at all.