Podcasts about hsas

This mid-week episode is the recording of a session done with the smart women of the WE (Women Empowered) Wealth Collective, titled: What Every Woman Should Know About Minimizing Taxes in Retirement. ‘Catching Up to FI' co-host and author of ‘F.I.R.E for Dummies', Jackie Cummings Koski, CFP®, AFC®, continues through an easy to follow checklist of tax considerations in retirement. She demo-drives 72(t) and RMD calculators, live-shops the ACA site to score premium tax credits, and shows how Medicare surcharges work.  Topics for the series include: Age-band tax checklist (pre-55, 55-65, 65-75, 75+) Separating "macro" worry (markets, policy) from micro action (what you control) Early withdrawal strategies  (Rule of 55/50, 72(t) / Equal Payments, HSAs, Affordable Care Act/Tax Credits, Brokerage Accounts, ect) Tax Minimizing tips during normal retirement (Social Security, Medicare Surcharge, Increased Standard Deduction, Balancing account types) Later in life considerations (RMDs, Qualified Charitable Distribution, Inheritances, ect)   This is the second part of a two-part series and part 1 aired last Wednesday. This session references visuals from a presentation that is better viewed on youtube or you can follow along using this slide deck.   Disclaimer for this session: The intent of this session is open discussion about money topics that makes us all a little smarter. The content is for general education and information purposes only, and is not providing financial, legal, or tax advice. Always do your own research or consult a professional before making important decisions.  

Exploring “The One, Big, Beautiful Bill” and its proposed changes to HSAs.

A handful of reports on small businesses shows an optimism toward expansion and AI tools, but that sentiment is guarded by flat job growth, declining hourly wage growth, and 82% of those surveyed planning on securing a line of credit. One positive from the tax and spending bill is proposed changes to HSAs that expand coverage, which could help participation and recruitment. And it's DOGE 1, SCORE 0: The federal agency cuts funding to small business support program. Listen to the podcast. DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

#231: Chris shares his top 50 hacks, learnings and lessons from the past 230 episodes. Learn actionable strategies to level up your travel, wealth, points & miles, productivity, relationships, and so much more! Link to Full Show Notes: https://chrishutchins.com/50-impactful-lessons-travel-money-life Partner Deals Copilot: Free 2 months access to my favorite personal finance app with code HACKS2 NetSuite: Free KPI checklist to upgrade your business performance Facet: Personalized Financial Planning + $250 enrollment fee waived DeleteMe: 20% off removing your personal info from the web Vuori: 20% off the most comfortable performance apparel I've ever worn For all the deals, discounts and promo codes from our partners, go to: chrishutchins.com/deals Resources Mentioned Price Monitoring Services Vacation Rentals: HiChee Car Rentals: AutoSlash Hotel Rentals: HotelSlash Flights: Autopilot | Tripit | Going™ eSIMs: Airalo Books Never Pay the First Bill: And Other Ways to Fight the Health Care System and Win Die With Zero: Getting All You Can from Your Money and Your Life Make Time: How to Focus on What Matters Every Day Hell Yeah or No: what's worth doing The 80/80 Marriage Burn the Boats: Toss Plan B Overboard and Unleash Your Full Potential 10 Easy Money Rules by Ramit Sethi Keepa Savendeals Savewise (20% off with ALLTHEHACKS20) Rakuten ($30 bonus here) CardPointers Pro (30% off here) Cashback Monitor Library Extension | Libby Gelt (skip the waitlist here) Free Unclaimed Money Site Bilt Rewards Payment Platforms Plastiq Melio Zil Money Trust & Will (20% off custom estate plans here) The Work Number Report DeleteMe (20% off here) ATH Podcast Full List of Episodes Newsletter Leave a review: Apple Podcasts | Spotify Email for questions, hacks, deals, and feedback: podcast@allthehacks.com Full Show Notes (00:00) Introduction (04:07) Ways to Boost Your Points and Miles (06:10) The Truth About Credit Scores (07:57) Leveraging Award Search Tools and Points (11:15) Hidden Credit Card Benefits (13:21) Travel Planning Tips and Tricks (15:11) Monitoring Price Drops: Flights, Hotels, Car Rentals (17:02) Emailing the Hotel Before Your Stay (20:44) Hacks for International Travel (22:13) The Peak-End Rule (23:08) Why You Should Audit Your Bills (25:16) Saving Money on Housing (27:04) A Die with Zero Mindset (28:46) Establishing Money Rules (30:29) The Power of Negotiation (32:54) Stacking Deals to Increase Savings (37:46) Browser Extensions to Secure the Best Deals (39:40) Leveraging Gift Cards (41:28) How to Access Library Books Online (42:00) Freebies at Hotels (42:31) Saving Money on Taxes (43:38) Automating Investments (45:31) Tax-Advantaged Accounts, Donor-Advised Funds, and HSAs (48:18) The Best U.S. Bank Accounts (50:28) Turning Deals into Side Hustles (51:58) Free Unclaimed Money (53:21) Paying Bills with Credit Cards (55:13) Setting Up a Will and Trust (56:31) Leveraging AI to Save Time (58:06) Ways to Optimize Your Time (59:19) The Hell Yes or No Filter (1:01:32) How to Buy Back Time (1:03:44) Levels of Listening and 80/80 Marriage (1:05:21) Two-Hour Cocktail Party (1:06:45) Making Healthier Decisions (1:08:25) Protecting Your Identity (1:10:38) Decision-Making Tactics Connect with Chris Newsletter | Membership | X | Instagram | LinkedIn Editor's Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post. Learn more about your ad choices. Visit megaphone.fm/adchoices

Tax talk without the snooze-fest! This mid-week episode is the recording of a session done with the smart women of the WE (Women Empowered) Wealth Collective, titled: What Every Woman Should Know About Minimizing Taxes in Retirement. ‘Catching Up to FI' co-host and author of ‘F.I.R.E for Dummies' Jackie Cummings Koski, CFP®, AFC®, turns this insightful discussion into a masterclass on trimming Uncle Sam's tab at every phase of retirement. Jackie rewinds to her own FIRE (Financial Independence, Retire Early) journey: the divorce-day "401(k) gap" that lit her savings rocket, supersizing her HSA past $200,000, and hitting FI at 49 with a 40% savings rate. Expect plain-English breakdowns, plenty of ‘there are no dumb questions' crowd chat, and Jackie's trademark mix of CFP level and girlfriend realness. Topics for the series include: Age-band tax checklist (pre-55, 55-65, 65-75, 75+) Separating "macro" worry (markets, policy) from micro action (what you control) Early withdrawal strategies  (Rule of 55/50, 72(t) / Equal Payments, HSAs, Affordable Care Act/Tax Credits, Brokerage Accounts, ect) Tax Minimizing tips during normal retirement (Social Security, Medicare Surcharge, Increased Standard Deduction, Balancing account types) Later in life considerations (RMDs, Qualified Charitable Distribution, Inheritances, ect) This is part one of a two-part series and the second part will be aired next Wednesday (6/18/25). This session references visuals from a presentation that is better viewed on youtube or you can follow along using this slide deck.   Disclaimer for this session: The intent of this session is open discussion about money topics that makes us all a little smarter. The content is for general education and information purposes only, and is not providing financial, legal, or tax advice. Always do your own research or consult a professional before making important decisions.    

If the GOP reform bill moves forward, lowering your adjusted gross income (AGI) won't just be helpful, it'll be more important than ever for student loan borrowers. We explore what could change, who's most at risk, and what steps you can take to protect your paycheck. From maxing out pre-tax retirement contributions and HSAs to leveraging self-employment and smarter tax planning, we'll walk you through practical ways to lower your AGI — and why it might be the biggest factor in your student loan repayment. Key moments: (04:18) Business owners may gain an edge with deductions if the GOP bill becomes law (07:53) Many haven't felt the full weight of student loan payments in a while — that may soon change (13:55) If this bill passes, 1099 or self-employed work might offer major financial advantages (16:05) Expect to lose 50–60% of your income to loans and taxes unless you lower your AGI Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Amazon Music Leave an honest review on Apple Podcasts  Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Get profession-specific financial planning Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!  

Send us a textHow to Strategize Early Retirement Withdrawals and Avoid PenaltiesIn this episode of The Retire Early Retire Now podcast, host Hunter Kelly, a certified financial planner, discusses strategies to access retirement accounts before age 60 without incurring a 10% early withdrawal penalty. Key topics include the 72(t) rule, the Rule of 55, leveraging HSAs, Roth IRA contributions, and taxable brokerage accounts. Learn which options are the most and least flexible and how to plan tax-efficient withdrawals. Hunter also covers the importance of proper planning and working with a financial advisor to avoid costly mistakes.00:00 Welcome to The Retire Early Retire Now Podcast00:12 Introduction to Early Retirement Withdrawals01:37 Avoiding the 10% Early Withdrawal Penalty03:25 Five Strategies for Early Retirement Withdrawals03:50 Strategy 1: 72(t) Distributions11:00 Strategy 2: Rule of 5513:30 Strategy 3: Utilizing HSA Accounts16:39 Strategy 4: Roth IRA Contributions18:45 Strategy 5: Taxable Brokerage Accounts20:45 Conclusion and Financial Planning Services22:09 Disclaimer and Final NotesCheck out the Palm Valley Wealth Management WebsitePalmValleywm.comCheck us out on InstagramLinkedIn FacebookListen to the Podcast Here! AppleSpotify

Health savings accounts cover at least 60 million Americans. Under the tax-and-spending bill's proposed changes, another 20 million Americans could access these accounts' tax savings. Host Julia Carpenter talks with tax reporter Laura Saunders about the most important changes in the bill.  Sign up for the WSJ's free Markets A.M. newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Jesse answers a range of listener questions on topics including estate planning, life insurance, financial benefits of marriage, tax strategies for high earners, healthcare in retirement, and investing during economic uncertainty. He explains that heirs to traditional IRAs must pay income tax on withdrawals, while taxable accounts benefit from a step-up in basis, and argues that whole life insurance is generally a poor investment choice for most people. He outlines how married couples enjoy more financial advantages due to shared costs, tax benefits, and retirement perks, though singles benefit from greater autonomy. A high-earning listener weighing Roth versus traditional retirement contributions is advised to consider tax-bracket arbitrage in retirement or hedge with a 50/50 split. Jesse also dives into healthcare planning, covering employer plans, HSAs, COBRA, ACA subsidies, and Medicare, while stressing the complexity and importance of planning for long-term care. On investing, he cautions against trying to time recessions and emphasizes aligning investment strategies with individual goals, risk tolerance, and time horizons. Key Takeaways:• Traditional IRAs require heirs to pay income tax on withdrawals within 10 years, but this is deferred tax, not a penalty. • Whole life insurance is generally more expensive and offers lower returns than term insurance plus independent investing. • Married couples often benefit financially from economies of scale and joint tax advantages. Single individuals have greater financial control and simpler planning but may miss out on some systemic benefits for couples. • Healthcare planning is a critical but often overlooked aspect of retirement financial planning. Jesse discusses ACA, COBRA, and HSAs. • Short-term market volatility can be misleading; experiencing real losses helps build long-term investing discipline. • Selling stocks to avoid recession dips is risky because market recoveries often precede economic improvements, resulting in missed gains. Key Timestamps:(00:00) Question 1: Whole Life Insurance (17:47) Question 2: Financial Pros and Cons of Being Single vs. Married (27:19) Question 3: Roth vs. Traditional Accounts (37:54) Question 4: Planning for Healthcare Costs in Retirement (42:31) Maximizing HSA Growth with a Strategic Loophole (45:08) COBRA and ACA for Early Retirees (53:48) Medicare: Breaking Down the Basics (01:03:02) Question 5: Investment Strategies During Economic Uncertainty Key Topics Discussed:The Best Interest, Jesse Cramer, Wealth Management Rochester NY, Financial Planning for Families, Fiduciary Financial Advisor, Comprehensive Financial Planning, Retirement Planning Advice, Tax-Efficient Investing, Risk Management for Investors, Generational Wealth Transfer Planning, Financial Strategies for High Earners, Personal Finance for Entrepreneurs, Behavioral Finance Insights, Asset Allocation Strategies, Advanced Estate Planning Techniques Mentions:https://bestinterest.blog/is-benefits-hacking-genius-or-immoral/ Deep Risk: How History Informs Portfolio Design by William J. Bernstein More of The Best Interest:Check out the Best Interest Blog at bestinterest.blog Contact me at jesse@bestinterest.blog The Best Interest Podcast is a personal podcast meant for education and entertainment. It should not be taken as financial advice, and is not prescriptive of your financial situation.  

Welcome to episode 87 of the One for the Money podcast. Retirement is the ultimate dream for many, but there are realities of retirement that everyone needs to be aware of. Better retirement planning will incorporate these realities so it leads to a better life in retirement. In the tips, tricks, and strategies portion, I will share ten tips when you are 10 years from retirement.In this episode...Your Biggest Expense Isn't What You Think [2:08]Your Biggest Fear is Misplaced [3:20]Regret is More Common Than You Think [4:40]The Real Risk Isn't a Market Crash [5:08]Your Most Expensive Years Are… Surprising [5:59]Your Health = Your Wealth [6:26]Identity Crisis Incoming [6:48]Estate Planning is About More Than Money [7:30]We often forget that retirement is only a recent invention. It hasn't been around for that long. For most of human history, people worked until death or until their family could care for them when they were unable to work any longer. Retirement allows one to enjoy a life of leisure even though one is still capable of work. It really is a more amazing concept than we give it credit, and it truly is an absolute luxury of both the modern and first world. It's amazing to think that a person can work and invest for 30-40 years and then live off that work for another 30-40 more years. Your great-grandparents would've thought that was science fiction. And honestly, for billions around the world, it still is.If you are literally and figuratively fortunate enough to enjoy such a dream as retirement, here are the most important retirement realities as I see them.

Health Savings Accounts (HSAs) might just be the most powerful and overlooked tool in your financial toolbox. Today, David is breaking down six key things everyone should know about HSAs, from eligibility and contributions to how they can grow over time and work across job changes. Here's some of what we discuss in this episode:

In this episode, we break down how HRAs and HSAs work, their key advantages, and how they can complement each other to empower smarter employee healthcare decisions.Find us at https://www.bernieportal.com/hr-party-of-one/BerniePortal: The all-in-one HRIS that makes building a business & managing its people easy. http://bit.ly/2NEQ5QbWhat is an HRIS?https://www.bernieportal.com/hris/BernieU: Your free one-stop shop for compelling, convenient, and comprehensive HR training and courses that will keep you up-to-date on all things human resources. Approved for SHRM & HRCI recertification credit hours. Enroll today!https://www.bernieportal.com/bernieu/Join the HR Party of One Community!https://hubs.ly/Q02mNML90▬ Social Media ▬▬▬▬▬▬▬▬▬▬▬► LinkedIn: https://www.linkedin.com/company/bernieportal▬ Podcast▬▬▬▬▬▬▬▬▬▬▬▬► Apple Podcasts: https://podcasts.apple.com/us/podcast/hr-party-of-one/id1495233115► Spotify: https://open.spotify.com/show/5ViQkKdatT40DPLJkY2pgA► Amazon Music: https://music.amazon.com/podcasts/1874beb8-2a68-4310-8816-e704e6850995/HR-Party-of-One► iHeartRadio: https://www.iheart.com/podcast/269-hr-party-of-one-57127074/#► Pocket Casts: https://pca.st/o6e2auqq►RSS: https://feeds.captivate.fm/hrpartyofone/ ► Other: https://hrpartyofone.captivate.fm/listen#HR, #HumanResources, #HRTips, #HumanResourcesTips, #SmallBusiness, #HRPartyOfOne, #hsa, #hra

In this episode, Dr. Preston Cherry breaks down why Health Savings Accounts (HSAs) are a powerful tool—not just for today's medical bills but for building your retirement nest egg. With big tax perks and long-term flexibility, HSAs can do more than you think. Learn how to use them smartly now and in retirement.Takeaways:• Triple Tax Advantage• Max Out Contributions• Invest for Growth• Cover Future Healthcare• No Expiration DateWant to learn more? Connect with us below!Stay informed and inspired! Join our FREE wealth & well-being newsletterDo you want confidence & clarity? Check out our award-winning wealth advice servicesGrab Your Copy of Dr. Cherry's book ‘Wealth In The Key of Life'Disclosure: episodes are educational only, not advice. Review our disclosures here: https://www.concurrentfp.com/disclosures/

Did you know that the median retail investor spends only six minutes researching a stock before buying it? Most of that time is spent staring at a price chart—often just the current day's movement. Nick compares the limited “research” many individual investors conduct to the extensive analysis performed by Henssler's research analysts.K.C. then takes a closer look at the “One Big Beautiful Bill” that passed the House of Representatives just hours before we recorded. We discuss the revised State and Local Tax (SALT) deduction cap, the increased Child Tax Credit, and the proposed tax break on tip income. While the bill's fate in the Senate remains uncertain, it appears that many of Trump's 2017 tax cuts may be extended.Last Friday, after the market closed, Moody's became the third major credit rating agency to downgrade the U.S. government's debt rating. The cut comes at a time when global confidence in U.S. debt is wavering, and Congress is debating a tax bill that could further increase the national debt. We examine what this downgrade means and whether it reflects actual investment risk.After the break, D.J. breaks down Health Savings Accounts (HSAs) and explains why they're one of the most powerful tools for saving money—thanks to their unique triple tax benefit. While many people use HSAs to pay for health-care expenses as they arise, there are compelling advantages to covering those costs from other funds and allowing the HSA to accumulate, benefiting from tax-deferred growth over time.Join hosts Nick Antonucci, CVA, CEPA, Director of Research, and Managing Associates K.C. Smith, CFP®, CEPA, and D.J. Barker, CWS®, and Kelly-Lynne Scalice, a seasoned communicator and host, on Henssler Money Talks as they explore key financial strategies to help investors navigate market uncertainty.Henssler Money Talks — May 24, 2025  |  Season 39, Episode 21Timestamps and Chapters4:38: Impulse Investors26:31: House Approves One Big Beautiful Bill33:06: Moody's Downgrade39:50: Economic News45:37: HSAs: Triple Tax BenefitFollow Henssler:  Facebook: https://www.facebook.com/HensslerFinancial/ YouTube:  https://www.youtube.com/c/HensslerFinancial LinkedIn: https://www.linkedin.com/company/henssler-financial/ Instagram: https://www.instagram.com/hensslerfinancial/ TikTok: https://www.tiktok.com/@hensslerfinancial?lang=en X: https://www.x.com/hensslergroup  “Henssler Money Talks” is brought to you by Henssler Financial. Sign up for the Money Talks Newsletter: https://www.henssler.com/newsletters/ 

Key Takeaways: Know When Money Comes and Goes Good money planning isn't just about how much you make—it's about when you make it and spend it. If you time it right, you can lower the taxes you owe. Retirement Plans = Double Win Using retirement plans like a SEP or solo 401(k) helps business owners save money for later and pay less in taxes now. It also makes workers happier! Spread Out Big Money Moments If you suddenly make a lot of money (like selling a business), you might have to pay a lot in taxes. But you can sometimes stretch the income over a few years to avoid one giant tax hit. Help With Health = Save on Taxes Using tools like HSAs and FSAs lets employees pay for health stuff tax-free—and it gives the business some tax savings too. It's a win-win! Tax Laws Change—Stay Sharp! The government changes tax rules often. Knowing what's new helps you make smarter money moves and avoid surprises. Chapters: Timestamp Summary 0:00 Complex Cash Flow and Investment Planning Around Taxes 2:48 Strategies for Managing Taxes on One-Time Income Events 5:40 Navigating Tax Incentives and Employee Retention Strategies 7:56 Tax Benefits of Retirement Plans and Health Savings Accounts   Powered by ReiffMartin CPA and Stone Hill Wealth Management   Social Media Handles    Follow Phillip Washington, Jr. on Instagram (@askphillip)   Subscribe to Wealth Building Made Simple newsletter https://www.wealthbuildingmadesimple.us/   Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!   WBMS Premium Subscription   Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

Get ready to fast-track your financial freedom. In this power-packed solo episode, Tait Duryea and Ryan Gibson share the top strategies from over 110 episodes of Passive Income Pilots. From unlocking hidden cash in your 401(k) and home equity to leveraging life insurance and short-term rentals for major tax breaks, they distill years of pilot-specific investing wisdom into five key pillars. You'll learn about real estate professional status, cost segregation, bonus depreciation, syndications, and which CPA you need. Whether you're just starting or optimizing your path to passive income, this episode is your blueprint.Show notes:(0:00) Intro(1:59) Five investing categories for pilots(3:38) Finding cash to invest smartly(4:59) Whole life insurance and infinite banking(10:17) 401(k) loans and strategic borrowing(19:31) The short-term rental loophole explained(24:53) Real estate professional (REP) status breakdown(31:03) Cost segregation and bonus depreciation(40:20) OutroConnect with Hall CPA: https://bit.ly/HallCPA Hall CPA - Passive Income Pilots 1-1 Tax Strategy Call: https://calendly.com/tax-smart-rei-plus/pipEpisodes mentioned:#11 - How To Succeed In This High Interest Environment#14 - Depreciation Demystified: Cost Segregation and Tax Savings in Real Estate with Toby Mathis#23 - Counting the Cost: The Risks and Rewards of 401(k) Loans for Pilots#36 - Decoding the Untapped Potential and Complex World of Self-Directed IRAs with Derreck Long#44 - Mastering Year-End Tax Strategies: From IRA Conversions to Short-Term Rental Loopholes#47 - Innovative Wealth Strategies: From Life Insurance to Alternative Investing with Christian Allen and Rod Zabriskie#70 - Leveraging Life Insurance for Passive Income with Rod Zabriskie and Blake Brogan#71 - 5 Creative Ways To Find Investment Cash#74 - The Inside Track: Mastering Real Estate Syndications for Long-Term Success#75 - Unlocking Real Estate Professional Status (REPS) with Brandon Hall#82 - From LLCs and HSAs to Roth IRAs: Mastering Wealth Protection with Mark Kohler#84 - Tax-Free Growth & Infinite Loans: Whole Life Insurance Strategies for High-Earners#85 - Cost Segregation: The Tax Strategy You Can't Afford to Ignore with Erik Oliver#108 - Case Study: Real Estate Professional Status That Held Up in Court with Brandon Hall#110 - The IRA Club Advantage: The Self-Directed IRA Strategy for Pilots with Ramez Fakhoury— You've found the number one resource for financial education for aviators! Please consider leaving a rating and sharing this podcast with your colleagues in the aviation community, as it can serve as a valuable resource for all those involved in the industry.Remember to subscribe for more insights at PassiveIncomePilots.com! https://passiveincomepilots.com/ Join our growing community on Facebook: https://www.facebook.com/groups/passivepilotsCheck us out on Instagram @PassiveIncomePilots: https://www.instagram.com/passiveincomepilots/Follow us on X @IncomePilots: https://twitter.com/IncomePilotsGet our updates on LinkedIn: https://www.linkedin.com/company/passive-income-pilots/Do you have questions or want to discuss this episode? Contact us at ask@passiveincomepilots.com See you on the next one!*Legal Disclaimer*The content of this podcast is provided solely for educational and informational purposes. The views and opinions expressed are those of the hosts, Tait Duryea and Ryan Gibson, and do not reflect those of any organization they are associated with, including Turbine Capital or Spartan Investment Group. The opinions of our guests are their own and should not be construed as financial advice. This podcast does not offer tax, legal, or investment advice. Listeners are advised to consult with their own legal or financial counsel and to conduct their own due diligence before making any financial decisions.

In this episode, Chase Cannon and Suzanne Spradley outline the latest proposed bill from the U.S. House of Representatives, potentially up for a vote in the coming weeks. Chase outlines a key element missing from the proposed bill ‒ caps, cuts, or elimination of the so-called employer tax exclusions for health insurance ‒ and explains why it's important for employer health plan sponsors. Chase and Suzanne spend the rest of the episode describing potential changes to HSAs and HRAs, including flexibility with HSA eligibility, increases on HSA contribution limits, and a new vehicle (called a “CHOICE arrangement”) for reimbursing an employee's individual policy premium.

In this episode: Explanation of how Health Savings Accounts (HSAs) work, including tax benefits, contribution limits, and how they differ from FSAs Reminder for nonprofits about the May 15 Form 990 filing deadline and the risk of losing tax-exempt status if not filed properly Tax treatment of different types of legal settlements, including which are taxable and which are not Overview of when estimated tax payments are required and how to make them online for better security and tracking Discussion of the new W-4 form complexity and strategies for ensuring proper withholding Guidance on the importance of financial reports—specifically profit & loss statements, balance sheets, accounts receivable aging reports, and budgets Advice on monitoring budget vs. actual performance and controlling unnecessary business expenses Emphasis on the value of financial literacy for business owners and how to use monthly reports as management tools Encouragement for listeners to continue submitting questions for future episodes

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In this episode, hosts Tait Duryea and Ryan Gibson welcome Ramez Fakhoury from IRA Club. This episode dives into how pilots can unlock old 401(k)s, TSPs, and HSAs for real estate and other alternative investments. Hear a detailed story of a Southwest pilot transitioning to American Airlines and learn what decisions made the biggest impact. Whether you're changing airlines or just seeking better returns, this episode is packed with actionable insights.Ramez Fakhoury is the Vice President of IRA Club, a leading self-directed IRA custodian. With a background in hospitality and entrepreneurship, Ramez discovered a passion for alternative investing and now helps individuals unlock their retirement capital for real estate and other private assets. His practical approach and deep knowledge make complex financial strategies accessible for pilots and high-income earners.Show notes:(0:00) Intro(01:07) Introduction to Ramez and IRA Club(04:49) Three options when leaving an airline(06:11) True vs. false self-direction explained(10:27) Why you shouldn't rush rollover decisions(14:39) What you can't invest in with IRAs(20:48) Why IRA Club's structure stands out(27:42) Contribution limits vs. rollover power(38:56) Partnering personal and retirement funds(46:59) Real estate in IRAs: tax pros and cons(51:20) OutroConnect with Ramez:Website: https://www.iraclub.com/LinkedIn: https://www.linkedin.com/company/the-ira-club/ — You've found the number one resource for financial education for aviators! Please consider leaving a rating and sharing this podcast with your colleagues in the aviation community, as it can serve as a valuable resource for all those involved in the industry.Remember to subscribe for more insights at PassiveIncomePilots.com! https://passiveincomepilots.com/ Join our growing community on Facebook: https://www.facebook.com/groups/passivepilotsCheck us out on Instagram @PassiveIncomePilots: https://www.instagram.com/passiveincomepilots/Follow us on X @IncomePilots: https://twitter.com/IncomePilotsGet our updates on LinkedIn: https://www.linkedin.com/company/passive-income-pilots/Do you have questions or want to discuss this episode? Contact us at ask@passiveincomepilots.com See you on the next one!*Legal Disclaimer*The content of this podcast is provided solely for educational and informational purposes. The views and opinions expressed are those of the hosts, Tait Duryea and Ryan Gibson, and do not reflect those of any organization they are associated with, including Turbine Capital or Spartan Investment Group. The opinions of our guests are their own and should not be construed as financial advice. This podcast does not offer tax, legal, or investment advice. Listeners are advised to consult with their own legal or financial counsel and to conduct their own due diligence before making any financial decisions.

Many people don't realize that HSAs can be invested, similar to a 401(k). This is especially beneficial for high-income earners who may have maxed out other tax-advantaged accounts.If you can avoid using the funds for medical expenses, the goal is to let your HSA grow as long as possible to take full advantage of its benefits.✅ Financial planning for 30-50 year old high-earners & entrepreneurs: ⁠⁠https://www.allstreetwealth.com⁠⁠✅ My personal blog & newsletter: ⁠⁠https://www.thomaskopelman.com⁠⁠Disclaimer: None of this should be seen as financial advice. It is just for informational purposes.

On the show today, I'm discussing something that could be a game-changer for your retirement savings: Health Savings Accounts, or HSAs. If you're on a high deductible health plan, you might be eligible for this unique, triple tax-free account, but are you making the most of it? I'm sharing the top five mistakes people make with their HSA accounts. If not avoided, those mistakes can cost you serious money and limit your financial options later in life. I'm covering everything from choosing the right HSA provider to maximizing your investments within the account, tracking expenses, and even strategizing for retirement healthcare needs. Plus, I'll give you actionable tips to avoid these common pitfalls and explain how an HSA can function as a powerful retirement savings tool. You will want to hear this episode if you are interested in... [00:00 HSAs offer triple tax benefits for qualified health costs. [06:17] Transfer your HSA to invest funds instead of letting them sit idle. [08:36] Use a bucketing strategy for investments and allocate funds based on risk and term. [13:24] Use an HSA to reimburse for long-term care insurance, COBRA costs, and Medicare Part B, D, and Advantage after age 65. [14:31] An HSA is suitable for tax-free withdrawals post-retirement. The Triple Tax Advantage of HSAs Health Savings Accounts (HSAs) have grown in popularity steadily due to their unique triple tax advantage: contributions are tax-deductible, earnings grow tax-deferred, and qualified withdrawals are tax-free. If you're enrolled in a high-deductible health plan (HDHP), you're likely eligible for an HSA, and maximizing this account could significantly boost your retirement planning. However, many account holders fail to capitalize on the full benefits. Let's explore the most common (and costly) mistakes people make with their HSAs, and the steps you can take to avoid them. 1. Sticking with a Poor HSA Provider Not all HSA providers are created equal. A “good” provider offers diverse sets of low-cost investment options, competitive yields on cash balances, a user-friendly platform, and minimal fees. Unfortunately, many people end up with accounts that lack investment choices or charge unnecessary fees, simply because their employer picked the provider. The good news? You can transfer your HSA balance to a more flexible institution like Fidelity or Charles Schwab without penalty, even while still employed. Doing so could unlock better investment potential and higher earnings on your cash, making it well worth investigating your current provider's offerings and considering a move if they fall short. 2. Not Investing Your HSA Money Surprisingly, many HSA owners leave their funds idle in low- or no-interest accounts, missing years of tax-free growth. If you don't plan to spend your HSA funds soon, consider using a “bucket” approach: keep enough in cash or a money market for your deductible, and invest the remainder in stock or bond funds for long-term growth. Since medical expenses are rarely incurred all at once, investing your surplus funds can help your account grow exponentially, harnessing the power of compounding. Review your provider's investment options and allocate your HSA funds according to your risk tolerance and time horizon. 3. Failing to Max Out Contributions Because HSAs offer unbeatable tax benefits, it's wise to contribute as much as possible. For 2025, contribution limits are $4,300 for individuals and $8,550 for families, including employee and employer contributions. If you're 55 or older, you can contribute an extra $1,000 as a “catch-up” contribution. If you're married and you and your spouse are over 55, each spouse can make their own catch-up contribution, but you'll need separate accounts. Remember, you have until the tax filing deadline to make contributions for the previous year, giving you ample opportunity to reach the maximum annual limit. 4. Treating Your HSA Like a Checking Account Many people promptly spend their HSA funds on current medical expenses, inadvertently missing a powerful savings opportunity. Instead, consider paying for qualified medical costs out-of-pocket and letting your HSA investments grow. As long as you keep records of those qualified expenses, you can reimburse yourself tax-free at any point in the future, even years later. This allows your HSA to function much like a “stealth IRA,” providing tax-free growth and withdrawals for medical needs in retirement, when such expenses are likely to be higher. 5. Neglecting to Track Qualified Expenses To take advantage of delayed reimbursement, it's crucial to maintain careful records of out-of-pocket medical expenditures. The IRS can require documentation during an audit, so scan or save receipts and keep a running log in a spreadsheet. Good record-keeping ensures that, when the time comes, you can confidently withdraw HSA funds tax-free to reimburse yourself or cover eligible costs like Medicare premiums, long-term care insurance, and more once you reach retirement age. Make Your HSA Work Harder for You Used strategically, an HSA can become one of your most valuable retirement planning tools. By carefully choosing your provider, investing wisely, maximizing contributions, delaying withdrawals, and tracking all qualified expenses, you can fully realize the triple tax benefits and enjoy greater financial security in retirement. Take a moment today to review your HSA practices, your future self will thank you. Resources Mentioned Fidelity Charles Schwab.com Retirement Readiness Review Subscribe to the Retire with Ryan YouTube Channel Download my entire book for FREE  Connect With Morrissey Wealth Management  www.MorrisseyWealthManagement.com/contact   Subscribe to Retire With Ryan  

Welcome to HALO Talks! In this episode, host Pete Moore sits down with Tom Morrissey, founder of Solo Health Collective and a seasoned veteran in the health insurance world, to unpack the complex—and often misunderstood—landscape of healthcare for self-employed professionals. With a career spanning decades at Cigna and deep experience serving everyone from major corporations to solo entrepreneurs, Tom shares how he's dedicated his life to helping small business owners and solopreneurs access quality, affordable health coverage. Despite his success in the large-account space, Tom noticed an unmet need: Small and mid-sized businesses were often overlooked by health insurers and weren't given access to innovative cost-saving or health improvement solutions that benefited the bigger corporations.  If you're a personal trainer, group ex instructor, wellness coach, massage therapist, or any professional running your own business, this conversation is a game changer. Tom explains the differences between HMO and PPO plans, why traditional ACA ("Affordable Care Act") options can fall short for the self-employed, and how his company's unique group plan model is designed to deliver robust coverage (including preventive care and nationwide access) with transparent pricing and minimal out-of-pocket surprises. Plus, hear about partnerships with organizations like the Freelancers Union, and learn how innovative features like HSAs can work for you—even covering perks like fitness classes. On the healthcare issues facing entrepreneurs, Morrissey states, "We saw the growth. It depends on who you listen to, but estimates are that there'll be 90M solo business, owners by 2028. I want to say there's about 60M now. The guys and gals that own these businesses . . . I think, especially when they're young and healthy, are the ones that get screwed the most in healthcare. You know? All they really have access to is ACA plans." Key themes discussed Challenges of health insurance for solopreneurs and self-employed. Differences between PPO and HMO health plans. Underwriting and rate-setting for solo business owners. Preventive care coverage and HSA/HSA usage changes. Brand trust versus new insurance providers like Solo Health Collective. Partnerships with organizations such as Freelancers Union. Long-term cost sustainability for healthier insurance collectives. A few key takeaways:  1. Solo Health Plans Are Filling a Major Gap: Morrissey explains how traditional health insurance often overlooks solopreneurs and small business owners, especially in the HALO space. His company, Healthy Business Group via Solo Health Collective, is designed specifically to provide comprehensive PPO health plans to solo business owners—offering an alternative with more flexibility and better coverage than typical limited-network ACA and HMO options. 2. Key Plan Advantages-PPO Access and Maximum Out-of-Pocket Clarity: Unlike many ACA or HMO plans that limit provider networks and access, Solo Health Collective offers nationwide PPO plans, granting members broader access to healthcare providers. They also have a straightforward approach: After the deductible is met, there's no coinsurance—meaning your deductible is the absolute maximum you'll pay out-of-pocket for covered expenses (with all preventative care covered in full and not applied to the deductible). 3. Plans Are Designed for Solo Business Owners With Medical Underwriting: To qualify, you must have an EIN (Employer Identification Number) and be a business owner without employees. Members go through a quick, five-question medical underwriting process, which allows the plan to provide tailored age, and location-based rates—often significantly less expensive than standard individual policies, especially for young, healthy professionals. 4. HSAs and Innovative Usage for Wellness Are Embraced: The plan supports health savings accounts (HSAs), and Tom shared how, thanks to evolving IRS guidelines and technology, people can now use HSA funds for things like fitness classes and certain wellness purchases, expanding the value of pre-tax health dollars and encouraging preventive care and healthy lifestyles. 5. Long-Term Value and Stability Solo Health Collective is built on a self-insured, level-funded model supported by robust reinsurance (Odyssey A+ rated.) This allows the collective to stabilize costs and potentially keep renewal increases lower than the industry average—especially as it pools healthier, proactive members like those in the wellness and fitness industries. The long-term goal is to create a sustainable, affordable health insurance solution specifically for entrepreneurs who have historically been underserved. Resources:  Thomas Morrissey: https://www.linkedin.com/in/tommorrisseyhbg  Solo Health Collective: https://hbgsolo.com   How It Works: https://hbgsolo.com/how-it-works  Freelancers Union: https://freelancersunion.org/insurance/health  Promotion Vault: http://www.promotionvault.com HigherDose: http://www.higherdose.com

In this conversation, Eric Malzone and Sam O'Keefe discuss the intersection of fitness, health, and financial opportunities through HSAs and FSAs. Sam shares his unique background and how it led him to identify a significant business opportunity in connecting health and fitness with financial wellness. They explore the differences between HSAs and FSAs, the market potential for these accounts, and how fitness businesses can leverage them to enhance customer retention and acquisition. The discussion also covers the qualification process for medical necessity, the commercial relationships with gym owners, and the future trends in health and fitness integration. LINKS: https://goteamup.com/ https://podcastcollective.io/  

Thinking about retiring or leaving your job? Before you take that leap, there are a few important things to understand. In this episode of Protect Your Assets, David Hollander—also known as The Sandman—walks through what to do before you retire from your job, including how to handle 401(k) vesting, unused PTO, HSAs, FSAs, and healthcare options. If you’ve been wondering how to transition out of your job without leaving money behind, this episode offers helpful insight and questions to consider. You can send your questions to questions@pyaradio.com for a chance to be answered on air. Catch up on past episodes: http://pyaradio.com Liberty Group website: https://libertygroupllc.com/ Attend an event: www.pyaevents.com Schedule a complimentary 15-minute consultation: https://calendly.com/libertygroupllc/scheduleacall/ See omnystudio.com/listener for privacy information.

Health Savings Accounts, better known as HSAs, can be a powerful tool for saving money and reducing your taxes, but they're often misunderstood, especially in the military community, where eligibility can get tricky. If you've ever been confused about how HSAs work, who qualifies, or how they compare to Flex Spending Accounts and TRICARE, you're not alone. In this episode, military spouse and financial expert, Desiree Kaul, breaks everything down. You'll learn what makes HSAs unique, how they can fit into your savings plan, and what military families should know when transitioning out of service or choosing civilian health plans.  Desiree is a CERTIFIED FINANCIAL PLANNER, Chartered Financial Consultant (ChFC®), Chartered Special Needs Consultant (ChSNC®), Military Qualified Financial Planner (MQFP®), and an Accredited Financial Counselor (AFC®). She has experience in financial counseling, planning, and education, including previous work as a Personal Financial Counselor, educating service members on various financial topics. In 2024, Desiree launched her own virtual practice, Kaul Financial Solutions, offering tax preparation, tax planning, and hourly financial advice. In addition, she assisted in the launch of a new mentorship program with The American College of Financial Services to help military, veterans and spouses successfully transition to a career in financial services. https://milmo.co/podcast/what-military-families-should-know-about-hsas For more MILMO, follow at: MILMO.co ItsMILMO on YouTube @itsmilmo on X @itsmilmo Instagram @itsmilmo LinkedIn @itsmilmo Facebook  

https://vimeo.com/1080965698?share=copy#t=0 https://www.currentfederaltaxdevelopments.com/podcasts/2025/5/2/2025-05-05-will-we-see-pl-86-272-finally-revised This week we look at: ERC Claims Filed Without Schedule R Reasonable Cause for Information Return Penalties: Reliance on Software Proposed Expansion of P.L. 86-272 "Solicitation of Orders" Definition 2026 Inflation Adjustments for HSAs and Excepted Benefit HRAs

Thinking about retiring or leaving your job? Before you take that leap, there are a few important things to understand. In this episode of Protect Your Assets, David Hollander—also known as The Sandman—walks through what to do before you retire from your job, including how to handle 401(k) vesting, unused PTO, HSAs, FSAs, and healthcare options. If you’ve been wondering how to transition out of your job without leaving money behind, this episode offers helpful insight and questions to consider. You can send your questions to questions@pyaradio.com for a chance to be answered on air. Catch up on past episodes: http://pyaradio.com Liberty Group website: https://libertygroupllc.com/ Attend an event: www.pyaevents.com Schedule a complimentary 15-minute consultation: https://calendly.com/libertygroupllc/scheduleacall/ See omnystudio.com/listener for privacy information.

Ever wonder how healthcare actually works? What insurance should you actually get? And what even is an HSA? In this week's episode of Networth and Chill, Vivian explores the intersection of healthcare and financial wellbeing. She demystifies HSAs, FSAs, and the hidden costs of insurance plans while offering practical strategies for negotiating medical bills and avoiding debt traps.  Follow the podcast on Instagram and TikTok! Check out the resources mentioned in the episode! https://www.fairhealthconsumer.org/ https://www.costplusdrugs.com/ https://www.goodrx.com/ https://health.amazon.com/ https://www.fighthealthinsurance.com/ Got a financial question you want answered in a future episode? Email us at podcast@yourrichbff.com Thank you to our sponsors: Amazon Learn more about your ad choices. Visit podcastchoices.com/adchoices

Are you paying out-of-pocket for Ozempic or other weight-loss meds? You might also be paying too much in taxes—and not even know it. In this episode, we talk about smart ways to save money by turning medical costs into legal tax deductions. You'll hear real stories from business owners who missed out on big savings and how they fixed it. We'll break down what the IRS rules really say, why most people don't qualify to deduct medical expenses the usual way, and how to use special strategies like HSAs, FSAs, and business reimbursements to keep more cash in your pocket. If you want to stop overpaying the IRS and start making your health costs work for you, don't miss this episode!   Next Steps:

Health Savings Accounts (HSAs) don't get much attention—but they should. With triple tax advantages (tax-free contributions, growth, and qualified withdrawals), HSAs offer a level of flexibility that's hard to beat.I break down how to use an HSA not just for healthcare today, but as a long-term planning tool. That includes how to qualify, contribute, invest the funds, and take strategic withdrawals.I also explain why it's worth tracking medical expenses—even if you don't reimburse yourself right away—to create future options for tax-free income.What you'll learn:1. How an HSA can help reduce your lifetime tax burden and fit into a broader retirement strategy2. Ways to maximize the tax benefits beyond just paying current medical billsSubmit your request to join James:On the Ready For Retirement podcast: Apply HereOn a Retirement Makeover episode: Apply HereTimestamps:0:00 - How HSAs work1:12 - Eligibility and contribution limits3:19 - HSA details and nuances4:36 - Timing flexibility8:11 - Case study -- John9:31 - Leveraging tax benefits10:50 - Qualified medical expense11:51 - Use HSA to the fullest extent14:19 - HSAs in the grand scheme of thingsCreate Your Custom Strategy ⬇️ Get Started Here.Join the new Root Collective HERE!

Navigating a new job comes with a maze of important financial decisions that can impact your future for years to come. In this podcast series, we break down the often-overwhelming world of workplace benefits, compensation packages, and financial choices facing newly employed individuals—whether you're starting your first job or returning to the workforce after time away.   In this second episode in the series Beyond the Paycheck, we're joined by Amy Trosine, Vice President of Human Resources and Administration for Career Path Services, who shares practical guidance on how to confidently understand and maximize your employee benefits. From comparing health insurance plans and leveraging HSAs or FSAs, to understanding retirement options and overlooked perks like wellness programs and professional development, Amy helps listeners approach their total compensation with clarity and confidence. Whether you're navigating open enrollment or preparing for your first onboarding session, this conversation offers the insights you need to make smart, informed choices.

Send us a textPS. Whenever you're ready, here are some ways we can help with reducing your taxes... Ready to slash your tax bill? Schedule your free consultation and let's strategize your tax savings together! Book now at: https://www.prosperlcpa.com/apply Or, if you still need more time, here are some other ways to begin winning the tax game...  Take our free Tax Planning Checklist & learn about what tax savings may be available for you in our minicourse at https://taxplanningchecklist.com  At the very least, get on our newsletter to gain access to free live events and exclusive insight you won't find anywhere else: https://www.prosperlcpa.com/newsletter-subscription Make the most of the available tax strategies for real estate investors and gain access to reliable guidance, expense templates and workpapers with our Essential Tax Planning for Real Estate Investors CourseWe explore powerful tax strategies involving HSAs and HRAs with Dan Pavic to transform medical expenses into significant tax benefits and wealth-building opportunities.• HSAs offer triple tax advantages: tax deduction for contributions, tax-free growth, and tax-free withdrawals for qualified expenses• Health Savings Accounts allow for investment opportunities and unlimited rollovers, making them effective wealth-building tools• Strategic HSA hack: pay medical expenses out-of-pocket, then reimburse yourself years later after funds have grown tax-free• HRAs provide unlimited reimbursement potential versus HSA's $7,000 annual contribution cap• Hiring your spouse creates a pathway for reimbursing family medical expenses through your business• C-Corporations offer unique advantages for health reimbursements due to owner/entity separation• You can combine HSAs and HRAs to maximize both unlimited deductions and tax-free growth• HRAs can serve as affordable alternatives to traditional health insurance for employees• Proper implementation requires formal documentation, compliant reimbursement procedures, and strategic entity structuringLearn more from Dan at: Dan.Pavek@tasconline.comGo to prosperlcpa.com/apply to explore how these strategies could fit your situation or email mark@prosperal.com for access to our upcoming workshop series on maximizing healthcare tax benefits.

Today we answer a handful of HSA and FSA questions including what to do when you contribute incorrectly and what to do when you have problems with reimbursement for medical spending. We answer a question about calculating equities. We also do a deep dive into malpractice insurance with information about lizard tails, veto clauses and hammer clauses. Today's episode is brought to us by SoFi, the folks who help you get your money right. Paying off student debt quickly and getting your finances back on track isn't easy, but that's where SoFi can help — they have exclusive, low rates designed to help medical residents refinance student loans—and that could end up saving you thousands of dollars, helping you get out of student debt sooner. SoFi also offers the ability to lower your payments to just $100 a month* while you're still in residency. And if you're already out of residency, SoFi's got you covered there too. For more information, go to https://www.whitecoatinvestor.com/Sofi SoFi Student Loans are originated by SoFi Bank, N.A. Member FDIC. Additional terms and conditions apply. NMLS 696891. The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor is for you! Main Website: https://www.whitecoatinvestor.com  YouTube: https://www.whitecoatinvestor.com/youtube  Student Loan Advice: https://studentloanadvice.com  Facebook: https://www.facebook.com/thewhitecoatinvestor  Twitter: https://twitter.com/WCInvestor  Instagram: https://www.instagram.com/thewhitecoatinvestor  Subreddit: https://www.reddit.com/r/whitecoatinvestor  Online Courses: https://whitecoatinvestor.teachable.com  Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter 

Key Takeaways: Triple Tax Win! HSAs are awesome because you don't pay taxes when you put money in, let it grow, or take it out for medical expenses. That's like winning three times with one account! Covers More Than You Think You can use your HSA money for way more than just doctor visits. Need to make your bathroom safer or install ramps at home for medical reasons? That might count, too! Not All Insurance Plans Qualify Before opening an HSA, your health insurance has to be a high-deductible health plan. That just means you pay more out-of-pocket before insurance helps — and not every plan lets you use an HSA. Keep Your Receipts! If you use HSA money, you need proof it was for a real medical expense. That way, if the government ever checks, you're ready. Talk to the Money Pros A financial planner or a CPA (a money and tax expert) can help you get the most out of your HSA and make sure you're doing it right. Chapters: Timestamp Summary 0:00 Using HSAs for Tax-Free Medical Marijuana Purchases 1:06 Understanding HSAs and Their Tax Benefits 2:57 Maximizing HSA Benefits for Medical Expenses in Retirement 5:37 Maximizing Retirement Savings Through Medical Expense Planning 6:55 Maximizing Health Savings Accounts for Medical and Wellness Expenses   Powered by ReiffMartin CPA and Stone Hill Wealth Management   Social Media Handles    Follow Phillip Washington, Jr. on Instagram (@askphillip)   Subscribe to Wealth Building Made Simple newsletter https://www.wealthbuildingmadesimple.us/   Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!   WBMS Premium Subscription   Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

Although tax season has come to a close, the time for smart tax planning has just begun! In this episode, we unpack the upcoming tax updates that could affect your planning for the next few years, including changes to 401(k) contribution limits, tax deductions, and the potential benefits of using tax-advantaged accounts like HSAs. Here's some of what we discuss in this episode:

There are several actionable strategies and tools to maximize retirement savings in your 40s and 50s, including catch-up contributions, HSAs, Roth IRA conversions, and leveraging technology. Today's Stocks & Topics: LEG - Leggett & Platt Inc., Market Wrap, Roth I-R-A, PYPL - PayPal Holdings Inc., Supercharge Your Savings in Your 40s and 50s, FANG - Diamondback Energy Inc., Economic Indicators, Our Sponsors:* Check out Kinsta: https://kinsta.comAdvertising Inquiries: https://redcircle.com/brands

Health Savings Accounts (HSAs) don't always get the spotlight, but they should. They're one of the most flexible and tax-friendly tools out there — and we're digging into why. We're joined by Kathleen Boyd, CFP®, for a practical conversation about how HSAs work. Learn how much you can contribute based on your health plan, how things change once Medicare enters the picture, and how to use an HSA as a long-term savings strategy (not just a place to park cash for doctor's visits). You'll walk away with real-world tips and a clearer idea of how to actually use your HSA. Key moments: (03:41) Who can contribute to an HSA? Individual vs. family contributions (10:20) HSA catch-up contributions once you reach a certain age (13:46) Overlooked strategies for funding HSAs (24:16) Life circumstances and changes dictate how much you can contribute to your HSA (39:08) Why you might want to move pretax money from an IRA to an HSA Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Amazon Music Leave an honest review on Apple Podcasts  Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Get profession-specific financial planning Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!  

Want to pay less in taxes during retirement? You actually have more control over your tax rate than you might think. James breaks down how different investment accounts—like brokerage accounts, 401(k)s, Roth IRAs, HSAs, and inherited accounts—are taxed and how smart withdrawal strategies can help you minimize taxes over time. He also explains key concepts like the 0% capital gains bracket, step-up in basis, and Social Security taxation. Learn how to make tax-smart moves with your retirement income so you can keep more of what you've saved.Questions answered:1. How can I reduce the amount of taxes I pay in retirement?2. How are different retirement accounts—like 401(k)s, Roth IRAs, brokerage accounts, and HSAs—taxed when I withdraw money?Submit your request to join James:On the Ready For Retirement podcast: Apply HereOn a Retirement Makeover episode: Apply HereTimestamps:0:00 - Brokerage accounts4:29 - Standard 401(k)6:27 - Health savings account9:54 - HSAs after age 6511:00 - Inheritance13:01 - Inherited IRA account15:33 - Social Security17:00 - Wrap-upCreate Your Custom Strategy ⬇️ Get Started Here.Join the new Root Collective HERE!

This week on "Financial Planning: Explained”, host Michael Menninger, CFP welcomes back Kyle Ryan CFP. ChFC. Kyle is a financial planner at Menninger & Associates Financial Planning. This is the final episode of a nine-part episode Q&A series. In this episode, Mike and Kyle discuss frequently asked questions regarding tax planning. The guys touch on tax implications of selling your home, Roth IRA conversions, when to start withdrawing for retirement, RMDs, HSAs, and charitable giving. This is a great episode for those looking to minimize their taxes. For more information on Menninger & Associates Financial Planning, visit https://maaplanning.com

Welcome to this episode of 20/20 Money! In today's episode, we're diving into the details of your tax return—beyond just whether you got a refund. We'll break down the difference between deductions and credits, how our tax brackets work, why you should focus on Line 24—your total tax paid—instead of Lines 34 or 37, and what Line 38 might be telling you about penalties and interest. We'll also highlight common areas for errors, clarify how the QBI deduction applies depending on your income level, and walk through important forms like Form 8960 for NIIT cancelation, Form 8889 for HSAs, and the health insurance deduction.   As a reminder, you can get all the information discussed in today's conversation by visiting our website at integratedpwm.com and clicking on the Learning Center. While there, be sure to subscribe to our monthly “planning life on purpose” newsletter that's filled with tips and ideas to help you plan your best life, on purpose. You can also set up a Triage conversation to learn a little bit more about how we serve in the capacity of a personal and professional CFO: helping OD practice owners around the country reduce their tax bill, proactively manage cash flow, and make prudent investment decisions both in and out of their practice to ultimately help them live their best life on purpose. Lastly, if you're interested in learning more about the 20/20 Money Financial Success Masterclass, a course & platform that we created to help ODs become “brilliant at the financial basics,” please check out the link in the show notes of this episode to learn more.   Resources: 20/20 Money Membership Information OD Masterminds Information Request 20/20 Episode #332 - Difference between Saving & Deferring Taxes Planning for the QBI (199A) Deduction in your practice Review of Optometric Business 199A Article   ————————————————————————————— Please rate and subscribe to 20/20 Money on these platforms Apple Podcasts Spotify ————————————————————————————— For past episodes of 20/20 Money with full companion show notes, please check out our episode archive here!

In part 2 of episode 469, host Stacey Richter discusses the implications of Medicare site neutral payments and Health Savings Account (HSA) reforms with James Gelfand, president and CEO of the ERISA Industry Committee (ERIC).  The episode details how plan sponsors should adapt to Medicare's site neutral payment policies aimed at curbing hospital consolidation and inflated prices through facility fees and markups. Gelfand provides insights into how HSA reforms currently in Congress could expand the scope of preventive care covered before deductibles are met, benefitting both employers and employees.  The conversation also touches on the challenges high deductible health plans pose and the potential benefits of codifying recent IRS guidance to allow greater flexibility in pre-deductible coverage. The discussion underscores the importance of plan sponsors staying ahead of Medicare policies to avoid higher costs. === LINKS ===

This week I'm answering a killer question from listener Adam Weber: “Should I change my health insurance plan just to gain access to an HSA—even if my current coverage is better?”   It's a loaded one, and in this episode, I break it all the way down: how HSAs work, what “high deductible health plans” really mean, when it makes sense to make the switch, and why the HSA might be the most powerful financial tool nobody's talking about.   Whether you're W-2, self-employed, or managing family health expenses, this is a must-listen if you want to optimize both your coverage and your long-term wealth.   Key Talking Points of the Episode   00:00 Introduction 01:46 What is an HSA and how do you qualify? 02:44 W-2 vs. self-employed: setting up your HSA 04:24 Factors to consider before choosing an HSA 05:48 How to compare plans: premiums, deductibles & out-of-pocket max 06:23 High deductible health plans vs. traditional plans 08:47 Situations where switching to a high deductible plan makes sense 10:40 How your employer HSA works and why you can switch providers 12:31 The real purpose of an HSA 13:52 Pre-tax adjustment 15:11 Growing your investment interest and tax free 16:13 Tax-free withdrawals 18:37 Investing your money in the HSA 20:26 Tax-free medical reimbursements 22:15 Retirement benefit 24:10 Final verdict: When switching insurance for the HSA is worth it   Quotables   “The HSA is literally the best financial tool out there. The government was drunk when they made it because it's that good.”   “Use a high deductible health plan to access the HSA, and you've got a wealth-building machine.”   “Just because a plan is labeled ‘better' doesn't mean it's better for your long-term wealth strategy.”   Links   Budgetdog https://budgetdog.com

Send us a textBuckle up, because in this episode of Investing RN, Colin and Josh sit down with tax attorney Sam Bruntz to uncover the sneaky ways you're probably overpaying Uncle Sam. Ever wondered what the difference is between a CPA and a tax attorney? Or if you can write off that "business" golf trip? Sam spills the beans on tax loopholes, audit nightmares, and the fine line between "gray area" and "prison".Oh, and don't even think about putting your toddler on payroll unless you want the IRS knocking at your door.

Gregory Rehmke is Program Director for Economic Thinking—a nonprofit organization dedicated to teaching economic principles and the key role of economic freedom, property rights, and the rule of law to progress and prosperity in America and around the world. He has directed educational programs at the Center for the American Idea, The Reason Foundation, and the Foundation for Economic Education. Gregory Rehmke has a degree in Economics from the University of Washington and did graduate work at the University of St. Thomas and San Jose State University. In this episode, Dr. Tro, Dr. Brian, and Gregory talk about… (00:00) Intro (06:31) Finding and working toward bipartisan agreement on very important issues related to health (09:28) Health savings accounts and why Singapore's health care system is the best in the world (13:41) The economic incentive model and health care (24:50) Why minorities and those in lower economic groups are at a much higher risk for health issues (34:36) Employee and student wellness (40:48) Reaching people with the message of metabolic health (46:20) Perverse incentive structures in healthcare and how they can be effectively reformed (57:10) The power of anecdotes for promoting good health information (01:03:18) Some potential issues with deregulating HSAs (01:06:08) The advancement of good metabolic health information over the past decade or so (01:08:50) Outro and Plugs For more information, please see the links below. Thank you for listening! Links: Please consider supporting us on Patreon: https://www.lowcarbmd.com/ Resources Mentioned in this Episode: Medicine and Culture (book by Lynn Payer): https://www.amazon.com/Medicine-Culture-Revised-Lynn-Payer For Richer, for Poorer: Low-Carb Diets Work for All Incomes: https://www.medscape.com/viewarticle/richer-poorer-low-carb-diets-work-all-incomes-2024a1000cw5?form=fpf Gregory Rehmke: Economic Thinking: https://economicthinking.org/ State Policy Network: https://spn.org/ STOA Debate League: https://www.stoausa.org Normal Nutrition (substack): https://normalnutrition.substack.com Dr. Brian Lenzkes:  Website: https://arizonametabolichealth.com/ Twitter: https://twitter.com/BrianLenzkes?ref_src=twsrc^google|twcamp^serp|twgr^author Dr. Tro Kalayjian:  Website: https://www.doctortro.com/ Twitter: https://twitter.com/DoctorTro Instagram: https://www.instagram.com/doctortro/ Toward Health App Join a growing community of individuals who are improving their metabolic health; together.  Get started at your own pace with a self-guided curriculum developed by Dr. Tro and his care team, community chat, weekly meetings, courses, challenges, message boards and more.  Apple: https://apps.apple.com/us/app/doctor-tro/id1588693888  Google: https://play.google.com/store/apps/details?id=uk.co.disciplemedia.doctortro&hl=en_US&gl=US Learn more: https://doctortro.com/community/

Episode 142. Empowering Your Financial Future: A Conversation with Laura Corbiani Welcome back to The Innovative Therapist Podcast! Today, we're diving into part two of my conversation with financial expert Laura Corbiani. If you missed part one, be sure to check it out, as we covered essential topics like money, power, and common mindset blocks around finances. This episode is all about tangible actions to become more financially empowered—because who doesn't need that? We'll discuss key topics like: Why and when you might want to hire a financial advisor Financial wellness basics How to build an emergency fund How to optimize your money to create more financial freedom Let's dive in! Overcoming Financial Anxiety Talking about money can be overwhelming. Many people feel like they need to know everything before they even start, leading to avoidance and anxiety. If you've ever felt this way, you're not alone. Financial concerns can exist even when someone is in a good financial position. The key is shifting from judgment to curiosity about your financial health. The Importance of an Emergency Fund One of the most crucial building blocks of financial wellness is an emergency fund. This is a cash cushion set aside in a savings account, separate from investments, to cover unexpected expenses. Here's a general guideline: Single-income households: Aim for six months of living expenses. Dual-income households: Aim for three months of living expenses. Keeping this money in a separate savings account (instead of a checking account) can help prevent accidental spending. Automating a small amount to transfer weekly or monthly can make building this fund easier. Maximizing Employer Benefits If you have access to employer benefits, it's important to take full advantage of them. Some key areas to explore include: Retirement Plans: Many employers offer 401(k) matching—be sure to contribute enough to get the full match! Disability and Life Insurance: These benefits are often overlooked but can provide essential financial security. Health Savings Accounts (HSA): If you're on a high-deductible health plan, contributing to an HSA is a great way to save for medical expenses tax-free. Unlike Flexible Spending Accounts (FSA), HSAs don't have a “use it or lose it” policy, allowing you to save for future healthcare costs—even in retirement. The Power of Investing Investing can feel intimidating, but it doesn't have to be complicated. Target-date funds are a great place to start—they adjust risk levels based on your projected retirement year. Investing consistently, even in small amounts, can lead to long-term financial security. The Gender Pay Gap & Negotiation One of the biggest financial challenges women face is negotiating for higher pay. Research shows that women tend to apply for jobs only when they meet 100% of the qualifications, whereas men apply when they meet about 60%. Additionally, women negotiate their salaries less frequently, which can lead to earning significantly less over their careers. A few key takeaways: Ask for what you're worth: Negotiating your salary can add up to over $1 million in additional lifetime earnings. Be creative: If salary negotiations are limited, consider negotiating for more time off, professional development funding, or other benefits. When to Hire a Financial Advisor Not everyone needs a financial advisor, but here are some situations where hiring one might be beneficial: You're juggling multiple income sources or investments. You're going through a major life transition (inheritance, job change, starting a business, etc.). You want expert guidance on optimizing your financial strategy. When choosing an advisor, ask if they are a fiduciary, meaning they are legally required to act in your best interest. You can also ask, “How do you get paid?” to understand whether they work on commission, a flat fee,

It's Friday, and you know what that means — Q&A day! We tackled five great listener questions, starting with a deep dive into why that seemingly “safe” $71,000 annuity actually shortchanges you compared to a basic 4% Treasury ladder or a modest balanced portfolio. Then we crunched the numbers on HSAs and proved that investing the tax savings can indeed leave you ahead — despite what your accountant might say. Municipal bonds made an appearance, too, as we broke down the breakeven math for different tax brackets. A retiree asked whether to realize capital gains or convert to a Roth — and spoiler alert: his instincts were spot-on. Finally, we wrapped with a listener concerned about owning small-cap value in retirement, and we emphasized the importance of building a balanced portfolio, not just collecting investments from headlines. 1:02 Annuities Explained 6:10 HSA Insights and Strategies 7:01 Understanding Municipal Bonds 10:20 Tax Strategies for Retirees 16:26 Addressing Portfolio Overhaul Concerns Learn more about your ad choices. Visit megaphone.fm/adchoices

Introducing 7 Rules For Creating Wealth - Part 2 | Andrew Giancola from Millionaire University.Follow the show: Millionaire University #269 We're back with Part 2 of our three-part series on the seven rules of creating wealth! In this episode, Justin Williams and Andrew Giancola of The Personal Finance Podcast dive deeper into investing — where to start, how to maximize your employer's 401(k) match, the power of HSAs, Roth IRAs, and why keeping fees low is critical to long-term wealth building. Andrew also breaks down the step-by-step process of investing in index funds and ETFs, plus tips for setting up investment accounts for your kids. If you haven't listened to Part 1 yet, be sure to go back and check it out. And stay tuned for Part 3 tomorrow, where we'll wrap up the series!What we discuss with Andrew:+ Maximize 401(k) match – Best guaranteed return+ HSA benefits – Triple tax advantages+ Roth IRA strategy – Tax-free growth & backdoor option+ Minimize fees – Avoid costly advisor & fund fees+ How to invest – Open accounts & automate contributions+ Lump sum vs. monthly – Best way to invest large amounts+ Time in market – Long-term growth power+ Investing for kids – Roth IRAs & brokerage accounts+ Stocks vs. real estate – Passive vs. active wealth building+ S&P 500 advantage – Outperforms most fundsThank you, Andrew!Check out Master Money at MasterMoney.co.Listen to The Personal Finance Podcast.Watch the video podcast of this episode!And follow us on:InstagramFacebookTik TokYoutubeTwitterTo get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors.Want to hear from more incredible entrepreneurs? Check out all of our interviews here! Learn more about your ad choices. Visit megaphone.fm/adchoices DISCLAIMER: Please note, this is an independent podcast episode not affiliated with, endorsed by, or produced in conjunction with the host podcast feed or any of its media entities. The views and opinions expressed in this episode are solely those of the creators and guests. For any concerns, please reach out to team@podroll.fm.

Retiring before 65 comes with a major challenge: finding the right healthcare coverage. Many early retirees underestimate healthcare costs and make common mistakes that lead to financial stress. In this episode, Josh and Austin sit down with Cole Craven of Move Health to explore the best healthcare options before Medicare, including ACA plans, COBRA, and HSAs. They break down how to avoid costly healthcare planning mistakes and why staying proactive is key. Plus, in an AI-driven world, they discuss why working with a financial advisor can help you make smarter healthcare decisions. Don't let healthcare mistakes derail your retirement!For the full show notes, links, and transcript, visit thewealthmindsetshow.com/s2e6Send in LISTENTER QUESTIONS via text➡️Download Free Resource: 8 Timeless Principles to Investing!

#269 We're back with Part 2 of our three-part series on the seven rules of creating wealth! In this episode, Justin Williams and Andrew Giancola of The Personal Finance Podcast dive deeper into investing — where to start, how to maximize your employer's 401(k) match, the power of HSAs, Roth IRAs, and why keeping fees low is critical to long-term wealth building. Andrew also breaks down the step-by-step process of investing in index funds and ETFs, plus tips for setting up investment accounts for your kids. If you haven't listened to Part 1 yet, be sure to go back and check it out. And stay tuned for Part 3 tomorrow, where we'll wrap up the series! What we discuss with Andrew: + Maximize 401(k) match – Best guaranteed return + HSA benefits – Triple tax advantages + Roth IRA strategy – Tax-free growth & backdoor option + Minimize fees – Avoid costly advisor & fund fees + How to invest – Open accounts & automate contributions + Lump sum vs. monthly – Best way to invest large amounts + Time in market – Long-term growth power + Investing for kids – Roth IRAs & brokerage accounts + Stocks vs. real estate – Passive vs. active wealth building + S&P 500 advantage – Outperforms most funds Thank you, Andrew! Check out Master Money at MasterMoney.co. Listen to The Personal Finance Podcast. And follow us on: Instagram Facebook Tik Tok Youtube Twitter To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors. Want to hear from more incredible entrepreneurs? Check out all of our interviews here! Learn more about your ad choices. Visit megaphone.fm/adchoices