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Grow Your Retirement Nest Egg With a Health Savings Account

Looking for a savings plan that has more immediate tax and long-term advantages than either a regular or Roth IRA? That would be a Health Savings Account. A Health Savings Account (HSA), as the title implies, is a tax-advantaged tool to save for medical expenses that high-deductible health plans do not cover. The advantage of high-deductible insurance plans are lower premiums up front. High deductible insurance plans pay nothing until the insured reaches the deductible limit. An HSA fills the gap in the short term by accumulating tax-free cash for health expenses. The HSA can also serve as a long-term ...Continue reading

What’s Behind the High Price of Lumber?

Thirty-six thousand dollars. That's the increase in the price of an average new construction home simply because the price of lumber is so high right now — and these high price points are complicating the already hot housing market. Simply put, there's demand for new homes right now, but a shortage of lumber. And part of this demand is fueled by the fact that real estate is such a seller's market right now. Quality homes are selling for far more than the asking price. It's causing a real conundrum for people interested in moving or that have to move for ...Continue reading

Biden’s Tax Plan Would Soak the Rich to the Tune of Over 60 Percent

Comedian and impressionist Rich Little used to do a wonderful impression of President Jimmy Carter. One of his classic routines hilariously mimicked candidate Carter, who was waxing philosophically about his vision of our country under his leadership. It went something like this: “I see a country where the rich willingly pay very high taxes for a vast welfare program...” Then the routine went on with other idealistic visions like “I see a country where true social and economic justice can be achieved by all its citizens.” The punch line was “I see Sweden.” That was back in the 1970s. In ...Continue reading

Making Sense of the Weaker than Expected April Jobs Report

After several months of better-than-expected jobs growth, the April report from the Labor Department was surprising — just not in a good way. With economists predicting the addition of about 1 million jobs in April and the overall unemployment rate to clock in somewhere around 5.8 percent, expectations were way off — and not in the right direction. According to the report, employers only added about 266,000 jobs and unemployment actually increased to 6.1 percent, marking a disappointing report that halts consecutive months of solid growth. What's surprising about these underwhelming numbers is that they come as many employers state ...Continue reading

Biden Changes Trump’s Paycheck Protection Program to Stick it to White Guys

If you thought that the anti-white hatred of the Biden administration couldn’t be much more obvious, wait until you see the latest executive order that the commissars had Joe Biden sign. Not to worry: If you own a bar, restaurant or other type of small business that was harmed by the government’s recklessly dumb coronavirus shutdowns, the federal government has a new bailout for you. Unless you’re a white male small business owner, in which case – EW! You’re on your own. There won’t be any tax dollars available to help yucky white males. Even though a lot of us ...Continue reading

Have You Spent Your Tax Return Yet?

According to data from the Internal Revenue Service (IRS), the average tax return — at least so far this year — is $2,873. That's having processed more than 70 million refunds in 2021. And that's more than $100 higher than the average 2020 tax refund, which came in at around $2,750. And while it can be tempting for Americans to spend this money on something to treat or reward themselves for managing through a very difficult calendar year complete with lockdowns, restrictions and other COVID-19 guidelines, that's not necessarily the most responsible thing to do with your refund. We're certainly ...Continue reading


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These content links are provided by Content.ad. Both Content.ad and the web site upon which the links are displayed may receive compensation when readers click on these links. Some of the content you are redirected to may be sponsored content. View our privacy policy here.

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