That’s hardly a formula for preserving Medicare, is it? Someone else was willing to assume full financial responsibility for your claims, but Social Security rules forced you to enroll in Medicare and forego some of the financial benefits of your group coverage. And then faced with the loss of financial benefits of a Health Savings.. Read more
“To quote those commercials for 70s rock CDs, grout cleaners, and chia pets, ‘But wait, there’s more.’ . . . Health Savings Accounts appear, by my math, to be septuple-tax-advantaged account – with four distinct advantages over traditional 401(k) plans and IRAs.” William G. (Bill) Stuart Director of Strategy and Compliance November 14, 2019 You’ve.. Read more
“The decision around when to sign up for Social Security benefits is complicated . . . Just be aware that one of the negative consequences of collecting Social Security benefits is that if you’re age 65 or older, you can’t make or receive additional Health Savings Account contributions.” William G. (Bill) Stuart Director of Strategy.. Read more
” [Y]ou may have to pay a permanent premium surcharge if you don’t’ enroll when you’re first eligible. But you may not. And it may make sense to incur future penalties in exchange for immediate financial benefits” William G. (Bill) Stuart Director of Strategy and Compliance May 23, 2019 Readers of this column know that.. Read more
“You are the CEO of your retirement. CEOs make the critical decisions on how today’s resources are spent so that a business continues to operate well into the future. You must view your HSA in the same manner.” William G. (Bill) Stuart Director of Strategy and Compliance May 2, 2019 The premise of my new.. Read more
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