Consider all the benefits of an HSA: its triple tax advantage, personal ownership of account, flexibility to use it toward qualified expenses far in the future, and ability to invest it into stock index funds.
Better Options Than $100 for College
Last month Governor Polis signed a bill that sets aside $100 for Colorado kids born starting in 2020 for higher education costs. I hope it will motivate families to save more.
Public and Nonprofit Employees Can Supercharge Their Savings
One less known benefit of being a Public or Nonprofit employee is that they can save much more of their income on a tax-advantaged basis than those in private industry. If through a combination of higher earnings and frugality you can live on far less than you earn, check out these retirement plans.
Feel the Financial Burn
This column is another in a series on good financial habits within your control, as opposed to annual stock market returns, which are not. Last time we got to work on your estate plan, while today we’ll uncover in under an hour how much you spent and saved last year.
Cash Is No Longer Trash
Savers can now earn a modest return. But you still have to work at it. If you’re banking with one of the massive banks, you’re settling for less than you deserve.
Make Your Generosity Count Come Tax Time
While giving is primarily inspired by our desire to help others, getting a tax break in April is frosting on the cake.