HSA Money: Cover Expenses Now or Let It Grow?

It's that time of the year when I tally up the eligible health care expenses incurred in the previous year and request reimbursement from my Health Savings Account (HSA). I don't use the HSA debit card at the time of service because you never know how much the provider is supposed to write off due to in-network discount and how much insurance will end up covering. I just wait until the dust settles and pay my part of the bill out of pocket -- with a rewards card -- after the claim runs [...]

Executing Mega Backdoor Roth In Solo 401k

At the end of 2014, I amended and restated my solo 401k plan from a prototype plan sponsored by Fidelity to a prototype plan sponsored by Ascensus. I did that in order to enable non-Roth after-tax contributions for so-called mega backdoor Roth. See [...]

2015 Tax Software: Smaller Price Difference

Last year, Intuit, maker of TurboTax, tried to force users to upgrade based on what tax forms and schedules they needed. They met a big outcry from customers. When the dust settled, their CEO apologized and they put all the forms and schedules back [...]