Financial institutions often don’t recognize your Power of Attorney. Follow this process to authorize access to your Fidelity and Vanguard accounts.
2022 2023 HSA Contribution Limits and HDHP Qualification
2022 and 2023 calendar year HSA contribution limits and HDHP qualifications for individual and family coverage. Big changes due to high inflation.
Make Fewer Things Matter: My Epiphany From Cutting A Pineapple
Making fewer things matter helps you focus attention and ward off FOMO and sales pitches. You’ve made it when you can afford all the “mistakes.”
California and New Jersey HSA Tax Return Special Considerations
When you are a resident of California or New Jersey, having an HSA and especially investing in the HSA require extra tax reporting. Here’s how to do it.
Best HSA Provider for Investing HSA Money
One HSA provider stands out well above others for people who invest the HSA money.
ACA Health Insurance: Different Plans For Different Family Members
When you get health insurance from ACA, you can enroll different family members with different healthcare needs into different insurance plans.
How To Rollover an HSA and Avoid Trustee Transfer Fee
If you don’t like the HSA your employer chose for you, you can rollover the money to a provider you like for better investment options.
HSA Contribution Limit For Two Plans Or Mid-Year Changes
HSA contribution limit gets more complicated when a married couple are on different health plans or when they change insurance plans during the year.
One-Time Transfer From IRA To HSA: Forget About It
The qualified HSA funding distribution is practically useless.
Do The Math: HMO/PPO vs High Deductible Plan With HSA
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.
Not All High Deductible Plans Are HSA Eligible
Just a high deductible isn’t enough. Health insurance plans must meet other criteria to become HSA-eligible.
Keep Your Eyes on the Prize: Leave Some Money On The Table
It’s not necessary to wring every last drop out of your big wins. Leave some money on the table. It minimizes the chances of something going wrong.