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
Retirement Security Is Not an Impossible Dream
The road to retirement security can be filled with speed bumps and potholes along the way. Some plan participants may feel that they really don’t have to worry too much about retirement because it’s so far in the future. Others reduce or eliminate their retirement plan contributions because they have so many other pressing financial […]
A Very Smart Money Step for Gen Z
If you are in your first “real” job and starting to make decent money, odds are that you’re focused on enjoying your life, your friends, and your new freedom. You probably don’t think about an event that’s 40 or 50 years down the road — your retirement. Yet strangely, now is probably the best time […]