Can I Invest The Money In My HSA/FSA?
Posted: December 28, 2020
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...
Beginner’s Guide To Mortgage Protection Insurance
Posted: December 22, 2020
Beginner’s Guide To Mortgage Protection InsuranceIf you have a mortgage on your home and your family is depending on you to make the payments, you may want to purchase mortgage protection insurance. This is a type of life insurance specifically designed to pay off your mortgage in the event of your death, so your family can remain in the home. Some mortgage protection insurance policies also provide benefits in the...
Essential Insurance Coverage For Online Businesses
Posted: December 19, 2020
Essential Insurance Coverage For Online BusinessesInsurance is low on the list of priorities for many online businesses – and this could be a mistake. The truth is, online businesses face unique threats that could lead to loss of income, or the loss of the business itself. If you own an online business, purchasing an insurance policy to provide protection against common risks just makes good business sense. What Threats Do...
Preparing Your Home For The New Year
Posted: December 16, 2020
Preparing Your Home For The New YearWith all the holiday activities coming to an end, the New Year is a great time to give your home a fresh start. These tips can help you get your home clean, organized, and prepared for the winter months ahead. Clear Out the Clutter Christmas decorations, wrapping paper, and odds and ends that accumulate over the holidays and throughout the year can add to the...
What Happens When You Inherit A 401(k)?
Posted: December 13, 2020
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....