HSA Transfer To Saturna Brokerage Services

When I did the paperwork to move part of my IRA from Vanguard to a credit union, I also did the paperwork to move my Health Savings Account (HSA) to Saturna Brokerage Services. My previous HSA provider requires a minimum balance in a low-yielding savings account or else there would be a monthly maintenance fee. By moving to Saturna I'm able to invest everything in the HSA with no maintenance fee. Unlike some other providers who offer a savings account and a linked investment account, Saturna [...]

2017 401k 403b IRA Contribution Limits

The government released the official CPI number for July. Because of rounding rules, I'm able to safely project the 2017 contribution limits for various retirement plans and IRAs. Inflation is very low this year. For the most part, the limits in 2017 [...]

Transfer IRA From Mutual Fund To Credit Union For CDs

Ever since I bought the 3-year 3% add-on CD from Northwest Federal Credit Union in October 2015, I was hoping a similar deal would pop up. But no, there hasn't been any. After the Fed raised the rate once from 0% to 0.25% in December 2015, they [...]

Not All High Deductible Plans Are HSA Eligible

As you may know, in order to contribute to a Heath Savings Account (HSA) you need to be in a High Deductible Health Plan (HDHP) and you can't have other health coverage. Many people don't realize that just having a high deductible isn't by itself [...]

Waste Money Now Or Waste Money Later

Back in May, The Atlantic magazine published a long cover story The Secret Shame of Middle-Class Americans. Relating to a Federal Reserve survey in which 47% of the respondents purportedly said if they had a $400 emergency they would have to cover it [...]

Why Buy When You Know The Price Is Not The Lowest

A reader emailed me in the weekend after Brexit and asked me what I did and what she should do. I told her I bought more shares in an international stock index fund even though I knew the price wasn't going to be the lowest. On the other hand, I told [...]

The Biggest Rock In Financial Success

No doubt you heard of the Big Rocks metaphor in setting priorities, focusing attention, and managing one's time. It says you should focus on things that make the biggest difference and not get distracted by small things. When you put big rocks, [...]