Many users are confused when they try to report their Backdoor Roth in TurboTax. This article gives detailed step-by-step instructions with many screenshots.
One HSA provider stands out well above others for people who invest the HSA money.
Now that I left my job, I’m buying health insurance on the exchange under the Affordable Care Act (ACA). Before ACA, getting health care coverage is one of the biggest challenges for becoming self-employed. Forget about the cost; just getting a policy is a challenge by itself. ACA changed all that. Now self-employed people can buy health […]
Treasury bills have become more competitive and more convenient than CDs. Here’s how to buy them with no fee whatsoever at Fidelity, Vanguard, or Schwab.
HSA contribution limit gets more complicated when a married couple are on different health plans or when they change insurance plans during the year.
When the premiums between a high deductible and a low deductible health plan are close, the bulk of the savings come from the tax deduction on HSA contributions.
Having a very high deductible on health insurance gives you the freedom to choose any provider and pay less than the rate you’d otherwise pay through insurance.
Paying estimated taxes based on previous year’s tax is the easiest. Estimate your income and taxes only when you have a large drop in income.
Be careful when you hear an argument based on the value over doing nothing, because doing nothing is almost never the true alternative.
If your employer has an outdated 401k match policy you will have to do extra work. Employers current with the best practice give a true-up match every payroll.
Stop paying $200 to file your taxes just to receive Earned Income Tax Credit and Child Tax Credit. Here’s how to do it for free with TurboTax.
2017, 2018, and 2019 calendar year HSA contribution limit and HDHP qualification for individual coverage and family coverage. Small changes due to mild inflation.