Browsing: Financial Planning

Health Savings Accounts (HSAs)

Health Savings Accounts (HSAs)

Health Savings Accounts Health Savings Accounts (HSA) were approved by Congress in 2003, became law in 2004, and have grown in popularity over the last few years. HSAs are only available if you are covered by an HSA-qualified high-deductible health plan, but they are very tax-efficient if available and appropriate for you. As open enrollment… read more

Stock Market High

Let’s get in a time machine and go back to ten years ago today, October 9th, 2007, the day the Dow Jones Industrials Average hit its pre-financial crisis high.  You arrive to a world where there are no iPads, no Tesla electric cars and George Bush is president.  Facebook has only been open to non-college… read more

Your Personal Info Has Been Stolen—What to Do

Equifax, one of the three major credit reporting agencies, announced yesterday that criminals had accessed the personal information of about 143 million Americans, more than half the adult population.  According to Equifax, “The information accessed primarily includes names, Social Security numbers, birth dates, addresses and, in some instances, driver’s license numbers.”  And over 200,000 credit… read more

Retirement Tax Planning Opportunities

Pre-retirees are often focused on how much money that they’ll be able to draw for their retirement income, but how much you can spend will depend on how the withdrawals are taxed.  Incorporating sophisticated tax planning into your retirement income plans can offer some opportunities to save a substantial amount of taxes. Most couples with… read more

Can You Afford a Vacation Home?

By Frank Moore, MS, CFP Back in the mid-1990’s I was in my mid-30’s and discovered a great vacation property “up north” in Michigan.  The area offered great amenities and the prices were more affordable than some of the more popular tourist towns.  There were places to rent in the area, too, but I wondered… read more

Eighth Wonder of the World

It’s graduation season and thousands of new college graduates will be starting their first “real world” jobs in the coming months.  As they prepare to begin “adulting” they’ll face all kinds of demands on their new paychecks including security deposits, new furniture, a work wardrobe and maybe even their own cell phone plan. At the… read more

Fight Back on Health Care Costs

If you’ve been billed for medical costs in recent years, you might well have been outraged at the amounts charged and the lack of explanation about your bill.  If you’re lucky, your health insurance provider negotiated a discount, but chances are your deductible and co-pay amounts have climbed in recent years so that you got… read more