Your wealth is fed by four major sources. Most pay attention to one or two of them, but considering all four helps you build a sound financial future.
Let Your Health Savings Account Grow
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.
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.
Five Perils of a High Income
Most of us would love to have a high income. After all, extra money to spend on vacations, to afford housing in Boulder County, on activities for the kids, and to achieve financial independence doesn’t seem to be a bad thing. But high earners face more barriers to reaching their financial goals than the rest of us. Whether your income is in the upper echelon now or that is your aspiration. take care to avoid these pitfalls.
How Your Taxes Will Change for 2018
New Tax Law Affects 2018 Returns
Doing Good With Your Investment Dollars
Prioritize Your Investments To Support Your Situation
Accessing Your Retirement Money Early
Retirement Funds: Options to Think About