All Posts

Healthcare costs are up. Inflation is up. Yet many employees leave money on the table because they skip a Flexible Spending Account. Many don’t understand what it is or are intimidated about how to use it.  If you use an FSA the right way, you  will  lower taxable income and keep more cash in your pocket. What an FSA is A Flexible Spending Account lets you set aside pre-tax dollars for qualified expenses. There are two common types: Health FSA  for medical, dental, and vision

If you’ve recently inherited an IRA, the rules have changed—and the new landscape can create major tax surprises for families who aren’t prepared. Before 1 January 2020, heirs could “stretch” an inherited IRA over their lifetime. A child or grandchild could keep that account growing tax-free for decades, passing it down again and again. The SECURE Act ended that strategy. Now, most non-spouse heirs must empty inherited retirement accounts within ten years. That might sound ma

Your First Car Is Not Just a Car. It Is a Seven-Figure Decision. Most people remember their first car as freedom on four wheels. Few realize it may be the largest financial decision they make in their twenties. The choice between a pricey new ride and a reliable used one can swing retirement outcomes by millions! This is not hype. It is simple math of depreciation versus compounding interest working over time. Cars are depreciating assets in most cases. From the first day you

When you’re young, it’s easy to believe you’ll have plenty of time to build wealth later. But “later” has a way of arriving faster than you think. One of the most powerful financial habits you can need to adopt early is to  pay yourself first . That means making your savings and investments your first expense—not what’s left after bills and lifestyle. This one difference is often the difference between retiring comfortably or not. In the U.S., the statistics are sobering. The