Is Your HSA Working For You? [...]
On this episode of the How Money Works Podcast, we talk about some of the areas of your financial life where you might be flirting with disaster and how you can fix it.
It’s probably safe to say most investors are very aware of the recent downturn in financial markets. In addition, you probably want to understand the impact of Covid-19 on your portfolio. To be perfectly honest, I’d love to give you a specific, realistic, and quantifiable answer.
While market volatility can be unsettling, it’s times like these when it’s important to remember we’re always keeping a watchful eye on your portfolio. And to help provide a little peace of mind, here are a few things to remember during uncertain times to help keep things in perspective.
The recently passed CARES Act expands HSAs and what they cover. These changes allow access to more medical services without worrying about your deductible. They also allow you to take more tax-free distributions from your HSA. Here’s what you need to know.