Health Savings Accounts (HSAs) are valuable tools for managing healthcare costs, but their advantages extend beyond the territory of medical expenses. In this article we’ll go over the lesser-known benefits and opportunities that HSAs can provide beyond qualified...
health savings account
Americans Can Use These Financial Tools to Help Minimize Their Tax Burden
There are several financial tools available to taxpayers that can significantly cut down their tax liabilities. Below we explore examples of tax-efficient financial strategies that could optimize your tax planning and impact your tax savings. Retirement Savings...
Why Health Savings Accounts Are Becoming Valuable Retirement Tools
Traditional accounts such as 401(k)s and IRAs have long been favored when it comes to retirement planning. However, there is a growing recognition that Health Savings Accounts (HSAs) can play an important role in achieving a secure retirement. Below we explore the...
Saving Beyond a 401(K)
Whether you don’t have access to a workplace retirement plan, or you just don’t know how to begin saving beyond your employer-provided 401(K), the hard truth is that nearly half of Americans aren’t saving enough for retirement. The goal when saving for retirement is to minimize tax liabilities and maximize earning potential. Below are a […]
FSA’s vs. HSA’s: Which is better?
Although it’s certainly never your goal to get sick and incur medical expenses, it happens to everyone on some level. Whether it’s something as “small” financially as a prescription for your ear infection, or something as “large” financially as a major surgery or chemotherapy, no individual can escape 100% healthy. So, what are some ways […]