The story behind Health Savings Accounts
We’re back with another round of yearly open enrollments, benefit choices and premium increases and I thought it’d be a good time to talk about Health Savings Accounts(HSA), an underutilized tool when it comes to saving for you retirement(early or otherwise). An HSA is the most tax-advantaged account available to most investors and has many benefits that make it very attractive to most individuals. However, it is not one that’s commonly discussed in the same areas as IRAs or 401k and that’s a shame because HSAs are probably the best of breed when it comes to retirement savings accounts. The Basics HSAs came into being with the 2003 medicare reform…
What I plan for this blog – my 2016 savings goals
You’ve gotten an idea of my strategy, what I believe and what my goals are and now it’s time for me to start tracking these things on this blog. What I’m going to try to do is post two monthly updates that show my portfolio total and also my month by month dividend growth. The portfolio total will allow me to track where I am in relation to my goals and the dividend growth will be a good morale boost for when times in the market get a bit tough. I’m not a dividend investor per se but most of my funds and etfs are dividend payers as is a…