Category: General

Key Savings and Tax Benefits of a Health Savings Account (HSA)

A Health Savings Account (HSA) is a type of savings account designed to help individuals and families save money on their health expenses and reduce their future tax bill. To be eligible for an HSA, you must be enrolled in a high-deductible health plan (HDHP), which is a type of health insurance that has a […]

Tax-Loss Harvesting: A Valuable Tax-Saving, Portfolio-Balancing Tool

Tax-loss harvesting is a way of lowering your tax burden when buying and selling securities in your portfolio. It uses the money you lose on one investment to offset the profit you make on another. In today’s volatile markets, tax-loss harvesting can offer you a way to make good use of some capital losses you […]

10 Reasons Why You Shouldn’t Leave Your 401(k) with Your Ex-Employer

What Are the Choices for Managing Your Prior Employer’s 401(k)? The choices may seem quite simple, but there are pros and cons to consider: • Do nothing and leave your investments in your ex-employer’s 401(k), 403(b) or similar account. • Cash out your 401(k) and settle with the IRS on the taxes and penalties due. […]