What can I use HSA funds for?
Posted: March 13, 2024
What can I use HSA funds for?Health Savings Accounts (HSAs) have become a popular tool for managing healthcare costs while enjoying tax advantages. Understanding the scope of qualified medical expenses that can be paid for with HSA funds is crucial for maximizing the benefits of this financial tool. Let’s delve into the specifics of what you can use HSA funds for. Qualified Medical Expenses HSAs are designed to cover a wide...
Beginner’s Guide to Group Long-Term Care Insurance
Posted: May 13, 2021
Beginner’s Guide to Group Long-Term Care InsuranceIn their younger years, most people do not consider needing long-term care later in life. However, it is worth considering. Purchasing this insurance when you are young makes it much more affordable. Long term care insurance is purchased as an individual or through a group long-term care insurance plan offered by an employer. Should I Invest in Long-Term Care Insurance? If your employer offers you...
Short-Term Disability Coverage Vs. Long-Term Disability Coverage
Posted: June 13, 2020
Short-Term Disability Coverage Vs. Long-Term Disability CoverageShort-term disability and long-term disability are both designed to protect your income in case you are unable to work. However, there are differences in the two types of coverage. Many people elect to have both short-term disability and long-term disability insurance policies. What Is Short-Term Disability Insurance? Short-term disability (STD) policies pay benefits for shorter time periods, after a brief waiting (elimination) period, which is...