What All Can You Use An HSA For?
Posted: August 16, 2022
Health savings accounts (HSAs) have become extremely popular in the past decade. According to key findings of a Devenir Research study, HSA accounts exceeded 25 million in a recent year, holding $53.8 billion in assets. HSAs are popular with employees enrolled in Qualified High Deductible Health Plans (HDHPs) because they allow them to pay for out-of-pocket healthcare expenses for themselves and their families with tax-free...
Is Coffee Good Or Bad For Your Health?
Posted: August 10, 2022
A cup of coffee in the morning is a long-established ritual for many of us in America. According to Gallup News, nearly two-thirds of all adults in the U.S. drink at least one cup of coffee a day. Average daily consumption is 2.7 cups, a statistic that has not changed since 1999, despite warnings in the past that coffee may be harmful to your health....
Can I Lower My Life Insurance Premiums?
Posted: August 8, 2022
A life insurance policy can give you peace of mind knowing that your family will be provided for if anything should happen to you. Unfortunately, many people put off this critical task, in many cases due to concerns about cost. A major factor affecting your premiums is the rating the insurance company assigns you based on an assessment of your health and lifestyle. There are...
Am I Too Old To Start A 401(k)?
Posted: July 28, 2022
There is no maximum age for participation in a 401(k) plan. As long as you are still working, you are never too old to contribute. If your employer offers group benefits that include a 401(k), you have an excellent way to save for retirement. No matter your age, if you are still working, you can take advantage of the tax benefits and any matching contributions...
How Do Health Savings Accounts Work?
Posted: July 25, 2022
You may have heard of a Health Savings Account (HSA) and are wondering how they really work. Let's make it simple. Thankfully, we have pulled together the basics for you. For Individuals and Families A health savings account is a specific type of savings account offered by banks, credit unions, and insurance companies. The account is set up specifically for you by the bank or...