GOP bill could expand access to health savings accounts
Saunders, Laura (May 29, 2025).WSJ: Big Tax Breaks for Health Savings Accounts Get Even Better in the GOP Bill [gift link].
Health Savings Accounts (HSAs) have triple tax advantages: tax-free contribution, tax-tree growth and tax-free withdrawal. With 60+ million Americans already having HSAs, the GOP bill could further expand access to 20 million more.
Three medical costs that can increase significantly in retirement
Gail MarksJarvis (Jun 8, 2025). WSJ: Three Big Medical Costs That Retirees Often Underestimate [gift link].
Uncovered drugs, remote retirement location and concierge medical care can increase medical costs for retirees.
Protecting tax identity theft during tax season
Saunders, Laura (Feb 28, 2025). WSJ: Protect Yourself From Tax Identity Theft. Here’s How I Did [gift link].
During tax season, a fraudster uses a real person’s info to file a tax return and pocket the refund. To prevent these frauds, IRS recommends obtaining a 6 digit Identity Protection PIN (Identity Protection Personal Identification Number).
