HSAs

Nearly two-thirds of future and recent retirees are worried there will be cuts to the program under the Trump administration. And an even greater percentage think that it needs to change.

Some say the changes could make the Federal Housing Administration's program less attractive to borrowers, but they could also improve the market.

Clients could face a 100% penalty of taxes owed for filing late.

Retirees can open health savings accounts, which offer tax breaks on contributions and qualified distributions, and tax-free growth on investments.

There’s one major benefit to these accounts.

Are HSAs here to stay? One advisor’s prediction.

Some of these states, however, may not be tax-friendly for retirees.

Health savings accounts have soared in popularity, but providers are adding layers of fees.

Each pre-retiree couple is in a unique circumstance, and needs to account for their health and longevity, as well as their willingness and ability to work.

These plans once merely supplemented health insurance. Now they are a vital part of a broader retirement strategy.

The most difficult challenge for a new firm? For some, it’s not location or even hiring.

Clients should consider a dependable second-hand car instead of a new one, and then redirect the money saved into a retirement account.

Certain laws may require them to maintain the coverage with their former spouse.

The amount that can be transferred is equivalent to the HSA's annual contribution limit, which is $3,400 for singles and $6,750 for couples.

The total out-of-pocket health care expenses of a 65-year-old couple in retirement could exceed $320,000, plus 5% annual increases.

The agency says its adoption of WebEx will allow for improved outreach with clients in the more rural regions of the country.

Seniors are advised to withdraw from taxable and other retirement accounts before taking distributions from their HSA.

Only 3% of households earning under $50,000 a year benefitted from the mortgage interest tax deduction.

The government should tax the health insurance employers provide to employees to generate revenue to fix Social Security's financial woes, an expert says.

Beneficiaries owe no federal tax on collected payouts after the policyholder dies.