We often have people ask us questions such as: “Where is a good place to get started investing? What will give me the best return?” Or “I have $1,000 to invest, where should I put it?” The reality for questions like these is the return for the investment does not...
What is a Health Savings Account (HSA)? Health Savings Accounts (HSAs) were created back in 2003 by the Medicare Modernization Act. This law created HSAs to encourage individuals to enroll in High-Deductible Health Plans (HDHPs) in an effort to curb overall healthcare...
We assume in this article that the accounts have similar tax treatment and registration. In the event, accounts do not have the same account type and registration, the process of moving money becomes more complex. We will not address those situations in this article....
In investing much like in football, it pays to make sure you have a strong defensive strategy. In football, that means not letting the opposing team score as many points as your team. I investing that means to keep more of your gains by not giving up as much. Doing...
Contributions to a Traditional IRA are done with pre-tax income. Similar to a 401(k), the amount you contribute to a Traditional IRA is tax deductible up-front, reducing your taxable income. The money then grows overtime tax-deferred, and is subject to taxation only...
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