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What Is a Health Savings Account?

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Health savings accounts, or HSAs, are tax-advantaged savings opportunities for people with a high deductible health plan. They let you cover medical expenses like copays and deductibles while providing a tax break and helping you save for the future. However, you can still use the money on qualified medical expenses.

Health 278
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The 7 Biggest Financial Mistakes to Avoid in Your 50s

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To help protect your financial future, learn about how to prepare for retirement in your 50s, the biggest financial mistakes people make at this juncture and how to avoid them, according to financial planners. Guessing at your budget isn’t going to cut it when you approach retirement,” she says. “A Most people are still 17 years away.”

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Science Fiction To Reality: How Anti-aging Drugs Will Upend The Future Of Work

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Perhaps the most jarring question is: What would this mean for the age of retirement — will the U.S. Careers will necessarily become longer, and the retirement age will have to be pushed back, not only so individuals can support themselves, but to avoid overtaxing a nation’s social security system,” wrote Ker Than.

Medical 246
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Do I Need an Estate Plan?

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In addition, it’s vital to make a plan for a child or family member with health issues or developmental disabilities so that they are provided for, no matter how old they are or what happens to you. Having a living will, medical power of attorney and a last will and testament is a good start for most people.

Medical 246
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Do I Need to Buy Life Insurance?

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Keep reading to learn about the different types of life insurance policies, how to determine if you need to buy it, and how much your policy should be worth. You can choose the amount of money your life insurance policy is for and how long you want the policy to be in effect, either for a few years or decades or as a permanent policy.

Policies 264
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30 New Year’s Resolution Ideas to Make 2024 Healthier, Happier & More Secure

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Commit to a regular workout routine such as yoga or running to improve your health and feel great. Save more for retirement. Increase contributions to retirement accounts such as your 401(k) or IRA. Regularly review and update insurance policies to ensure adequate coverage at the best price. Exercise daily. Reduce debt.

2024 299
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What Is My Net Worth?

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A positive net worth is a sign of financial health; the higher your number, the better you’re doing. It’s also a good idea to check it if you’ve made a big debt payment or had a significant increase to your savings or retirement accounts. If you find the changes motivating, you may want to calculate it quarterly, or even monthly.