Did you Know Your Adult Children on your Family Insurance can have their own Health Savings Account? That’s right. So often I get questions from clients about how to get their children started off on the right foot financially. It all starts with knowledge and then the discipline to actually act on that knowledge. If you have a child who is getting close to age 18 or is … [Read more...] about How to Open an HSA (Health Savings Account) for your Child Over 18
Health and Wellness
Families Get Crash Course in Remote Learning
As more kids head back to class, a new survey shows some families saw silver linings to virtual learning during the COVID-19 pandemic, including saving money as a result of having their kids study at home. Humans do a pretty amazing job at adapting. Teachers, students, administrators, and parents have taken a very tough situation in stride. Allie Johnson, a writer at … [Read more...] about Families Get Crash Course in Remote Learning
Lack of Childcare and School Could Lead to an Entire Generation Leaving the workforce.
The rise of the two-income household has been prevalent over the last 30 or so years. As women lept into the workforce, the buying power and financial success of many families grew. However, as the cost of living in this country continued to rise... many incomes have not. The dual-income household wasn't a luxury... it has been a necessity. For working parents with young … [Read more...] about Lack of Childcare and School Could Lead to an Entire Generation Leaving the workforce.
When Do People File for Social Security Benefits?
Do you ever wonder when people file to claim social security benefits? Most people think of age 65 as the traditional point for hanging it up, but actual retirement ages are all over the map, judging by Social Security claiming data. In 2018, 35% of the people who claimed benefits were 62; 25% were full retirement age (66); just 13% claimed at age 67 or later. More … [Read more...] about When Do People File for Social Security Benefits?
3 Ways to Make 2020 Your Best Year Ever
Happy New Year! Each year, thousands of Americans set out with New Year Resolutions and the vast majority of them never are accomplished. It is a noble effort. Today, I am going to propose 3 ways you can improve the chances that your 2020 goals will become a reality so you can have your best year ever. #1 - Don't Wait for Perfection I am a detailed oriented person. … [Read more...] about 3 Ways to Make 2020 Your Best Year Ever