Are you wondering about your eligibility for Medicare and whether you'll pay a premium for coverage? We've taken the guesswork out of the issue with our flowchart. It takes into consideration some of the trickier questions about Medicare eligibility, including eligibility before age 65 or …
Tax Benefits Galore! A Look at HSAs
Why do financial professionals love Heath Savings Accounts (HSA)? Consider the following attributes: a pool of tax-exempt dollars for health care, a path to tax savings, even a possible source of retirement income after age 65. It sounds really good, doesn’t it? At the end of 2020 about 30 million …
Loans to Friends and Family: Should You Charge Interest?
Lending to friends and relatives can be tricky, and not only because of the stress it can place on your relationships. There are tax issues involved as well. If you must lend money to someone close to you, here are some tips to do it right in the eyes of the tax code. Charge interest Yes, you …
