The Finance Buff

2018 HSA Family Coverage $6,900 OK After All

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The IRS originally announced back in early 2017 that the 2018 HSA contribution limit for family coverage would be $6,900. Then Congress passed a new law in December 2017 that changed how inflation adjustments are calculated, effective in 2018. Based on the new law, the IRS re-calculated the 2018 HSA contribution limit for family coverage in January 2018. It came out to be $6,850. This late change created headaches for everyone. Employers, administrators, and taxpayers had to jump through [...]

From Two Jobs to One, a Second Childhood Begins

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I had two jobs in the last 11 years: one full-time job at my employer and one part-time job in writing this blog, and more recently, helping people find Advice-Only financial advisors. As of yesterday I'm left with only one job. Although the [...]

Maintaining and Executing An Estate Plan

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You make your will and trust. The real test for whether they worked or not only comes after you die. Between now and then you have to keep your will and trust updated. Reader Steve kindly shared his experience in maintaining his parents' estate plan [...]

2017 2018 2019 HSA Contribution Limits

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The contribution limits for various tax advantaged accounts for the following year are usually announced in October, except for HSA, which come out in April or May. The recent tax law also changed how the limits adjust for inflation. When the IRS [...]

Will and Trust Through Employer Legal Plan

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Like many large companies, my employer offers a legal plan as part of our benefits package. At open enrollment in October or November, employees can sign up for the next year. Among other things, the legal plan covers basic will and trust. I signed [...]

Manage Your Money Closely With A Prepaid Card

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This is a sponsored post written by me on behalf of Green Dot. All opinions are 100% mine. One day I was at a retail store picking up an online order. A young woman in front of me approached the counter. She pulled out $8 from her pocket, and she [...]

Financially Comfortable and Pivot

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I participated in a panel discussion on Financial Independence Retire Early (FIRE) at a South Bay Bogleheads meeting on March 12. South Bay Bogleheads is a local group of people who read or post on the Bogleheads Investment Forums. Here's a gist of [...]