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As the new year approaches, so does my favorite time of the year: tax season. Mind you, it’s not because I enjoy paying taxes, but because I enjoy trying to save other people money on their taxes through the IRS’ Volunteer Income Tax Assistance (VITA) program. The best time to lower your own taxes, however, is before the year ends — as in right now. With a little planning and some research…
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When it comes to staying protected from COVID-19, Americans are falling woefully behind. Less than 14% of the U.S. population ages 5 and older has received the latest version of the COVID vaccine booster shot, according to the Centers for Disease Control and Protection. The new booster is specially formulated to fight both the original virus and omicron variants BA.4 and BA.5. In an effort to…
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Editor’s Note: This story originally appeared on The Penny Hoarder. A few years ago, I was invited to participate in a focus group. I visited in-person along with about 15 other people. For two hours, we vented all of our feelings about the ways a particular health insurance company interacts with its customer base. At the end, we each walked out with $125. The health insurance company wanted…
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It’s time to use it or lose it for many folks with flexible spending accounts, the tax-advantaged vehicles that help you pay for medical expenses. Money in FSAs generally must be used within your health insurance plan year. Employers are allowed — but not required — to offer one of two extensions of sorts, according to the federal government. But both are limited. Employers can: Healthcare.
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Warren Buffett is constantly listed as one of the world’s richest people, with an estimated net worth of about $108 billion. But unlike his good pal Bill Gates, Buffett doesn’t live in a sprawling $100 million lakeside home. No, the 91-year-old chairman and CEO of Berkshire Hathaway doesn’t exactly live like a Kardashian — although he could afford to do so. Instead, it is quite the opposite…
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Editor’s Note: This story originally appeared on The Penny Hoarder. Buying a house is an expensive endeavor. You might spend years saving for a down payment to earn the pleasure of paying a mortgage, property taxes and homeowners insurance each month. But the final price can get even higher when you factor in the maintenance and repair work that a house needs over time. An easy way to save money…
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