hsa
Guide to FSA Debit Cards
If you have a flexible spending account, an FSA debit card allows you access these pre-tax dollars youâve set aside. With an FSA debit card, you can pay for qualifying medical purchases without having to file a reimbursement claim through your employer. In other words, an FSA debit card can make your healthcare spending that […]
The post Guide to FSA Debit Cards appeared first on SoFi.
14 Best Types of Investment Vehicles
The post 14 Best Types of Investment Vehicles appeared first on Well Kept Wallet.
11 Tax Deductions You Can Claim Without Itemizing
You don’t have to itemize to claim these deductions on your tax return.
Redefining Frugality: Mistakes and Money Lessons Learned as a Freelancer
Sitting on my desk as I write this is an application I should have filled out months ago. Twenty-two months ago, to be exact.
It was then that I left my 40-hour-a-week office job, which included a convenient 401(k), dependable health care plan and, most refreshingly, a kind and understanding boss. It was tough to leave that job, but I wanted to pursue a career in freelance writing.
The entire experience was overwhelming. Details of that are for another post, perhaps, but the point is: what I found most overwhelming was dealing with my own finances. Administratively speaking, my employer had taken care of my retirement plan, taxes and health insurance. It was great.
Money in Flexible Spending Accounts Will Soon Evaporate
Miss your FSA deadline, and it can cost you as much as $2,850. Here’s what you must know about these tax-advantaged accounts for paying medical costs.
10 Places Americans Are Saving for Retirement
Of the many ways to save for retirement, Americans like these best.
How Much Money Should I Have Saved by Age 30?
Are you wondering how much money you should have saved by now? That means you care about your personal finances which is…
Read More… How Much Money Should I Have Saved by Age 30?
How much to save for maternity leave
The United States policy on maternity leave can be a touchy subject among families, and especially women. Unlike all other wealthy countries, many of which mandate weeks and months of paid leave for natural and adoptive mothers and fathers, the U.S. mandates no such thing.
In fact, the last movement toward maternity fairness in the U.S., the Family and Medical Leave Act of 1993 (FMLA), included a provision mandating 12 weeks of unpaid leave annually for mothers of newborn or newly adopted children. Twelve weeks doesn’t sound so bad, but that unpaid part can sure sting.
Bundle of Bills?
We all know that babies are expensive, but it isn’t just the cost of diapers that adds up. It’s also the cost of maternity business attire while you continue to work, your health insurance deductible for the delivery, the cost of bottles and formula, and the crippling bills associated with quality healthcare once that baby is born. When you consider all of those expenses together, it becomes quite clear how easily having a baby can end up being a four- or five-figure investment.
How to save money on dental bills
According to the U.S. Department of Health and Human Services, around 108 million Americans go without dental insurance during any given year. And since paying the full weight of dental care is often out of the question for those living on low incomes, many people simply choose to go without or get by with as few cleanings and check-ups as they possibly can.
However, if you do have out-of-pocket funds with which to pay, you already know how quickly cleanings, fillings, and basic dental care can take a bite out of your budget. After all, a typical dental filling can cost anywhere from $100 to $200, a cleaning can cost upwards of $200, braces can cost $5,000 to $6,000, and so on.
Obviously, one of the easiest ways to save on dental care is to have a dental insurance policy for your family. The bad news is, many employers don’t offer dental coverage to their employees, even at a cost, and the dental plans commonly sold on the open insurance market can be of questionable value.