May 2024

Why Early Retirement Could Look So Good But Be So Wrong

Today, let’s talk about why early retirement could seem like a good idea but run into problems. I think that for some, early retirement is the American Dream, “I want to retire when I’m 58 years of age,” or whatever age you’re thinking about. The issue is how do we factor in health insurance costs […]

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Getting Your Best Tax Savings From a Health Savings Account

Let’s talk about getting your best tax savings from a health savings account (HSA). What is a health savings account? This is an employee-owned or individually-owned account. You have control over that money. That’s your money, you take it with you, whether you leave an employer or if you have an individual plan. You keep

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How a Health Savings Account Puts Money in Your Pocket

Many people ask MBhealth about health savings accounts (HSA) and how they can use them to save money. The biggest benefit from a health savings account is the tax-free opportunity to pay for qualified medical expenses. Deductibles, copays, prescriptions, dental, vision, things of that nature can all be paid from a health savings account. I

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