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HSA BENEFITS THAT MAY SURPRISE YOU

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Five new retirement numbers to know in 2024

WEBThis year’s premium increase amounts to $9.80 per month, and the impact is felt most sharply by people who have modest or low benefits. For example, for someone …

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What’s Changing for Retirement in 2024

WEBThe amount of an estate that’s exempt from estate tax will increase to $13.61 million per person in 2024. That means that married couples can effectively shield more …

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What Is the Ideal Retirement Age for Your Health

WEBDr. Pinchas Cohen, dean of the Leonard Davis School of Gerontology at the University of Southern California, agreed that, from a health standpoint for people in …

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America is hitting “peak 65” in 2024 as record number of boomers …

WEB2024 will be a record-breaking year for retirement in the U.S., with an average of 11,000 Americans a day expected to celebrate their 65th birthday from now until …

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3 Ways Retirement Planning is Changing in 2024

WEBFor anyone using a Health Savings Account as an additional retirement savings vehicle, the annual contribution maximum increased to $4,150 for individual …

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15 Surprising Retirement Facts and Stats for [2023]

WEBThe millions of Americans affected by the coronavirus pandemic will likely need years to recover their financial and retirement footing. According to a 2021 survey, …

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3 QUESTIONS TO ASK TO DETERMINE IF AN HSA IS RIGHT FOR YOU

WEBHere are 3 questions to ask to determine if an HSA is right for you. 1: Who is eligible to have HSA? To be eligible to make an HSA contribution, under the current …

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10 Things No One Tells You About Early Retirement

WEBFor anyone born in 1960 or later, the full retirement age, when you are entitled to 100 percent of your monthly benefit, is 67. By claiming early at 62, the benefit …

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10 Retirement Planning Mistakes People Make at 50

WEBFor 2023, the IRS is allowing older savers to contribute an additional $1,000 to an IRA on top of the standard $6,500 limit. Self-employed people 50 and older with a …

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6 Things to Do If You’re Nearing Retirement

WEBAccording to Schwab’s 2021 Modern Wealth Index survey, over half of Americans with a written financial plan feel “very confident” about reaching their financial …

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Is it possible to switch from Social Security retirement benefits to

WEBYes. If you become disabled after filing early for retirement benefits, you may be able to change to Social Security Disability Insurance (SSDI). Similarly, if you retire …

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