Archive | General Planning

Health Savings Accounts: Good Medicine for Some Individuals

  Like an apple a day that keeps the doctor away, IRS-approved health savings plans help people avoid bankruptcy caused by catastrophic illnesses. The U.S. Internal Revenue Service (IRS) provides a couple of ways for people to save for future medical expenses before paying taxes on their earnings. One popular choice: Health Savings Accounts (HSAs). […]

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Emergency Fund

Life is Better With an Emergency Fund

It never fails. Just when you think you’re getting ahead financially, something unexpected happens: Furnace quits, air conditioning goes, washer or dryer dies, refrigerator stops working. Car breaks down, roof leaks, basement floods. Kids need braces, family member goes in for surgery, you’re downsized, fired or laid off. No sweat . . .  if you […]

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