Even the most financially-savvy people sometimes need a little help – and the more money you have, the more you might want to make sure you are handling it as well as possible. If you find yourself with questions you can’t quite find the answer to online, want to make sure you are handling a […]
Articles by Jill
Understanding Health Savings Accounts
Posted byWe’re continuing to detail specific benefit options with a look at Health Savings Accounts, or HSAs. Yesterday we looked at High Deductible Health Plans. Because of its lower premiums, an HDHP makes financial sense for many people. If you have an HDHP, you are also eligible to contribute to an HSA and save even more […]
While many of you go through open enrollment and others search for private health insurance, we thought it would be a great time to delve deeper into specific benefit options that can help you save money on health care. Today we’ll look into High Deductible Health Plans, or HDHPs. What is a High Deductible Health […]
Make the Most of Open Enrollment
Posted byI opened the mailbox on Friday and found a thick envelope from my employer: the Guide to Open Enrollment. During the next two weeks, employees of my company can renew our benefits selections or choose new ones for next year. If you find yourself in the same situation, it’s important that you take advantage of it. […]
11 Ways to Save Money on Groceries
Posted byOne of the money saving tips you’ll read about most often is to eat out less and cook more. But just like you need an overall spending plan to manage your income and expenses, you might need a good grocery shopping plan to make sure that cooking is actually cheaper for you. Over the last […]
What is an ETF?
Posted byWhether you are investing through tax-advantaged retirement accounts or in other taxable accounts, you might want to consider Exchange Traded Funds, or ETFs, as part of your long-term investment strategy. ETFs are one of several ways to invest in equities. Others include individual stocks, mutual funds, or index funds. What is an ETF? An ETF […]
Today we’ll wrap up our look at various retirement plans ideal for small business owners and the self-employed with the one that inspired the series – the Solo 401k. So far, we’ve looked at the SEP-IRA and the SIMPLE IRA. Solo 401k Overview A Solo 401k combines the characteristics of a regular 401k plan with […]
SIMPLE IRAs are up next as we continue the series exploring three different types of retirement plans ideal for small business owners and the self-employed. Yesterday, we started the series with an in-depth look at the SEP-IRA. SIMPLE IRA Overview SIMPLE stands for Savings Incentive Match Plan for Employees. SIMPLEs were established to encourage small […]
After Madison posted about her Solo 401(k) woes, a reader, Lee, suggested she look into a SEP-IRA instead. Let’s take a step back and explore 3 different types of retirement plans ideal for small business owners and the self-employed. We’ll start the series with an in-depth look at the SEP-IRA. SEP-IRA Overview SEP stands for […]
5 Ways Spending More is Actually Frugal
Posted byIf you are a frequent reader of personal finance articles, you are familiar with some of the most commonly cited ways to save money – bring your lunch to work, install a programmable thermostat, cancel your cable, etc. In general, choosing the most frugal option is good for your bottom line. But sometimes, spending a […]