Why would you pretend you still have debts to pay off when you don’t, or open a Health Savings Account and then not use it? Because those are among some of the easiest and most effective ways to help save for retirement, as outlined in today’s article. For more on these two retirement saving suggestions and several more (including why you may want to consider “gamifying the retirement savings process”), CLICK HERE.
High-deductible healthcare plans can be unappealing thanks to that high deductible. However, high-deductible healthcare plans are increasingly being offered along with health savings accounts – which, along with their traditional uses (as short-term vehicles to cover out-of-pocket healthcare costs and as long-term savings vehicles for the “wealthy and healthy”) can be used in other ways that get less attention. Specifically, today’s article looks at how HSAs can be used to cover non-healthcare expenses prior to retirement, any expense after 65, and long-term care. For more, CLICK HERE.
Health savings accounts. More employers offering a Roth option in their retirement plans – and reducing the overall number of investment options employees have to choose from. The growth of index funds – and workplace financial wellness programs. These trends – as well as some additional developments – have the author of today’s article declaring that “it’s a brave new world of retirement planning.” What are the implications of these trends – and are you prepared to take advantage of them? CLICK HERE to read more.
Today’s article is all about emergency funds – including what the purposes of an emergency fund are (aside from the obvious), what does (and does not) constitute a good emergency fund, how to invest an emergency fund, whether a health savings account should be considered part of an emergency fund, the inherent problem with emergency funds – and whether emergency funds even still have a place in most people’s financial plans. To read more, CLICK HERE.