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Can I Invest The Money In My HSA/FSA?

Can I Invest The Money In My HSA/FSA?

Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) are both offered by employers and designed to ease the financial burden of healthcare. But there are major differences between these two types of plans. One notable difference is that HSA funds can be invested, while FSA funds cannot. How Is an HSA Different From an FSA? With both an HSA and an FSA you can...

Staying Mentally Healthy During The Winter Months

Staying Mentally Healthy During The Winter Months

It’s easy to get the blues during the winter, particularly when the holidays are over. The skies are gray, the weather is cold, and it is more challenging to go outdoors and socialize with others. Some people solve this problem by wintering in warmer climates. If you don’t have that luxury, the following tips can help you make it through the winter months in a...

What Happens When You Inherit A 401(k)?

What Happens When You Inherit A 401(k)?

A 401(k) is a tax-deferred, retirement savings account. When a person opens a 401(k), he or she names one or more beneficiaries to receive the remaining funds when the account holder dies. If you have inherited a 401(k), your options will depend on several factors, including your age, the account holder’s age at the time of death, and whether the account holder was your spouse....

Protect Your Packages (And Your Home) During The Holidays

Protect Your Packages (And Your Home) During The Holidays

There’s almost nothing more convenient than online ordering – and this year will be a holiday season like no other. With smaller gatherings and social circles, you’ll likely be shipping more packages to friends and family you’d normally see in person over the holidays. Unfortunately, more packages being delivered could increase the risk of package theft. A study by C+R Research estimates that 36% of...

What Happens When My Kids Need Their Own Health Insurance?

What Happens When My Kids Need Their Own Health Insurance?

As parents we provide for our children’s basic needs. That includes health insurance, so they have access to the medical care they need, when they need it. However, kids grow up, and there comes a time when they need their own health insurance. Here is some information that could help you and your child with the transition. At What Age Do Kids Need Their Own...

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