Health savings accounts (HSAs) were created as a savings vehicle to help people pay out-of-pocket medical expenses. If qualified, you can establish an HSA in much the same way you establish a traditional savings account or an individual retirement account. You can open one with a lump-sum payment or through regular contributions, usually through paycheck […]
Retirement
Good News! You May Be Worth More Than You Realize
As you write out another check to make your monthly mortgage payment or for your child’s college tuition, you may not be feeling particularly flush. In fact, you may be feeling decidedly cash strapped. However, it is possible that you may be better off financially than you realize. For starters, if you own a home, […]
Your Plan Account Statement Can Reveal Valuable Information
It’s smart to make a point of reviewing your retirement plan account statement in detail at least once a year. You’ll want to ensure that the information in your statement is accurate and assess whether you should make any changes in your contribution level or investments going forward. Ensure Personal Details Are Correct To start […]