Different Types of Tax-Advantaged Medical Expense Accounts and The Benefits of Each
By Todd I. Youngdahl, CFP®
You may have heard about the benefits of utilizing various tax-advantaged medical savings accounts to save for medical, dental, prescription, or vision expenses. Many employers offer more than one type of these accounts, leaving employees with questions about which one to choose. Read on to learn about three options, and the benefits of each.
Take Some Time This Summer To Make Necessary Tax Adjustments
By Maura Schauss, CFP®
Summer is sailing along, and you’re catching up on your to-do list. As you browse through your list, there’s one item that catches your eye: Get on Top of Taxes. It’s a dreaded to-do item that seems to occur every single year. If you feel like you’re always hit with a tax bill, it may be because of one of these four reasons: