In 2003, health savings accounts (HSAs) were introduced to encourage individuals with high-deductible health plans to save for medical expenses by offering a triple-tax advantage. Employees participating in Dell’s high-deductible health plan are eligible to contribute to an HSA. Learn everything Dell employees need to know about their HSA plan.
The Social Security Administration reports that the chances of experiencing a disability event are one in four. Disability can lead to a decreased standard of living due to income loss, and disability insurance can fill the gap by replacing lost earnings. Learn everything Dell employees need to know about their short-term disability, long-term disability, and voluntary supplemental disability plan insurance coverage.
Planning for college is an expensive thought whether you’ve got a newborn, toddler or teenager. For 2018, tuition and fees at the University of Texas at Austin were $10,398 for Texas residents and $36,744 for out-of-state undergraduate students. While there are many account types that can be used to pay for higher education, 529 plans offer the most flexibility, freedom and savings when paying for college. As a financial planner in Austin, TX, college planning is an important consideration for families.
I recommend reviewing your estate plan on a regular basis and as life changes. My estate planning reviews are done on an annual basis and it is to make sure all documents are up-to-date and in good order. As a financial planner in Los Angeles, here are a list of steps I recommend taking when reviewing your estate plan.
You’ve left your job but still have a 401(k) plan with your former employer… now what? You have four options on how to move forward. These options include: do nothing, roll into your new employer’s 401(k) plan, roll into an individual retirement account (IRA) or cash out immediately. As a fiduciary financial planner in Los Angeles, I will highlight the pros and cons of each choice below to help you make an informed decision.
