The Maximum HSA Contributions for 2015 & 2016
Mon, 07/27/15 | 2 Comments

The IRS recently published an inflation adjustment increase to the maximum HSA contribution for 2016 over the 2015 maximum HSA contribution limit. More specifically, the family contribution maximum will increase while the individual contribution maximum …

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Roth IRA Basics, In a Question & Answer Format
November 23, 2014 | 22 Comments
Roth IRA Basics, In a Question & Answer Format

Roth IRA’s have become quite popular among the millennial generation (and beyond) and can be a great addition to your retirement savings arsenal. But Roths bring a lot of questions with them, so I wanted …

Qualifying for the Saver’s Tax Credit in 2014 and 2015
November 23, 2014 | 7 Comments
Qualifying for the Saver’s Tax Credit in 2014 and 2015

Free money is great, so this post has been updated for the 2014 and 2015 calendar years.
What is the Saver’s Credit?
The Saver’s Credit (aka the ‘retirement savings contribution credit‘) is a lesser known, highly advantageous …

The Millennial Personal Savings Rate is in. Sound the Alarms!
November 17, 2014 | 13 Comments
The Millennial Personal Savings Rate is in. Sound the Alarms!

When someone asks me to give them one personal finance metric to really focus on that matters more than any other, there is no hesitation in my reply: “personal savings rate“.
No matter which way you …

Labeling the 3 Types of Purchases Makes you a Wiser Consumer
November 10, 2014 | 14 Comments
Labeling the 3 Types of Purchases Makes you a Wiser Consumer

At the simplest level, when you break down everything you buy, or consume, it can all really be distilled in to 3 categories:
1. The stuff you actually need.
2. The stuff you want, that you think …

2015 Tax Brackets & Standard Deductions Increased
November 3, 2014 | 9 Comments
2015 Tax Brackets & Standard Deductions Increased

The IRS just released it’s 2015 tax brackets and standard deduction amounts, and there will be a number of inflation adjustments over the 2014 tax brackets and standard deductions.
As I noted in my open enrollment …

Open Enrollment Deserves your FULL Attention. Here’s Why
October 29, 2014 | 10 Comments
Open Enrollment Deserves your FULL Attention. Here’s Why

Earlier this week, I received a note from my employer’s HR department that open enrollment for 2015 benefit elections had started. I instantly got a little giddy.
Every year, I get geeked out to find out …


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