How Families With Special Needs Children Can Benefit From an ABLE Account

The introduction of ABLE accounts is one of the most important developments in special needs planning. These tax-advantaged accounts help people with disabilities build their own savings without jeopardizing their eligibility for government benefits. Find out how families who have children with special needs can make the most of ABLE accounts in U.S. News & World Report.

Tax-Free Health Savings Accounts Stretch Retirement Dollars

Health savings accounts are a source of tax-free money to pay out-of-pocket medical expenses. And if you plan carefully, HSAs can also be a valuable source of retirement savings, providing a triple tax benefit that is even better than a 401(k). Find out more about the strategies to make the most of HSAs in this article for AARP.

Drastic Steps for Making Ends Meet During a Pandemic

If work, health or family disruptions due to the coronavirus pandemic have you struggling to make ends meet, you may need to make some major changes to your finances. Consider the strategies in this AARP article, which have worked for others and can save you large amounts of money.

How Are Unemployment Benefits Taxed?

U.S. News & World Report article about how unemployment benefits are taxed, and what you can do now to avoid a surprise at tax time. Also, how the tax situation is very different for the stimulus payments.

How to Pay for Coronavirus Medical Expenses

Some insurers are voluntarily waiving cost-sharing for some COVID-19 treatment expenses, and new laws are expanding coverage for COVID-19 tests. There are ways to reduce your costs for COVID-19 testing and care, but you need to keep up with the rules. Find out more in U.S. News & World Report.

Retirement Savings for Freelancers: Solo 401(k) vs. SEP IRA

Self-employed people can still save for retirement even if they don’t have a job with a 401(k). You usually have two main options: a simplified employee pension (SEP) or a solo 401(k). This U.S. News & World Report  article explains how these plans work and strategies to help you make the most of their tax advantages.