Is health insurance tax deductible?

In the spirit of open enrollment, many Americans are signing up for health insurance now for next year. Health insurance can be a painful monthly payment for many. Premium payments can be as much as a car or mortgage. The silver lining is medical costs can often be tied to a tax deduction for many. […]

What you need to do when someone passes away

When a family member passes expected or unexpected there’s a tsunami of emotions. Unfortunately, there tends to be another tsunami behind the first and that is all the sleuth of financial decisions that must be done. Life is structured to make a lot of stressful decisions at an already stressful time. These decisions and duties […]

Complete guide to HSA’s, the holy grail of tax-advantaged accounts

Key takeaways An Health Savings Account (HSA) is a tax-advantaged savings account used for medical expenses It is triple tax free and can be invested to pay for medical expenses later Be diligent about keeping your medical receipts & supporting documentation If you have a lot of current annual medical expenses you may want to […]