Here’s How to Use HSA Funds for Family Members
Posted: August 28, 2023
Here’s How to Use HSA Funds for Family MembersCan you use your health savings account (HSA) to pay for the expenses of family members and dependents? For specific family members, the answer is definitely yes. Here is a look at how the IRS allows you to use your HSA to pay for the healthcare costs of your loved ones. Who Qualifies to Have a Health Savings Account? Under IRS requirements, to qualify for...
3 Health Insurance Options for College Students
Posted: August 25, 2023
3 Health Insurance Options for College StudentsEveryone needs health insurance, including college students. If you are heading off to college in the fall, it is important to make sure you have health insurance, find out where to go in case you become sick or injured, and choose a pharmacy to fill your prescriptions. As for health insurance, the following are three possible options for students attending college. Stay on Your Parents’...
Is Universal Life Insurance Right for Me?
Posted: August 22, 2023
Is Universal Life Insurance Right for Me?Universal life insurance is a type of permanent life insurance that provides lifetime coverage as long as you pay your premiums. Like other permanent life insurance, it has a cash value element that can be used for different purposes. Universal life differs from whole life in that it allows you to lower or raise your premiums within certain limits and offers more flexibility. How Does...
Batten Down the Hatches: What To Know About Winterizing Your Boat
Posted: August 22, 2023
Batten Down the Hatches: What To Know About Winterizing Your BoatAs the days become shorter and the temperature dips, the inevitable appears on the horizon for every boater: winter. But don’t let the impending off-season blow you off course. By planning to properly winterize your boat, you’ll confidently end the season knowing you and your beloved ship will be ready to take on the waves as soon as the snow passes and spring arrives. A...
10 Medicare Terms You Should Know
Posted: August 21, 2023
10 Medicare Terms You Should KnowGenerally, eligibility for Medicare begins at age 65. Your initial enrollment period starts three months before you turn 65 and ends three months after the month you turn 65. When the time to enroll in Medicare is approaching, it is important to learn the language. These are 10 Medicare terms you should know. Original Medicare: When you enroll in Medicare, you can choose Original Medicare...