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Maximizing Health Savings Accounts (HSAs) Tax Benefits With Adult Children Under Age 26

Nerd's Eye View

The passage of the Affordable Care Act in 2014 introduced many changes to the healthcare landscape in the United States. And as HSAs offer significant tax advantages, advisors can help clients ensure that opting for family HDHP makes sense financially for the family as a whole! Read More.

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Collapse in Prospective Home Buyer Traffic

The Big Picture

This brings us to the chart: The one above shows the traffic of prospective buyers looking at a new home (2014- 2022); the one below goes back to the 1980s. The four largest drops occurred during distinct periods of economic distress: 1990 (recession), 2006-09 (GFC), 2020 (pandemic/recession), and today (FOMC 300 bp rate hike).

Budgeting 363
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Where is This Rally Going?

The Big Picture

If you are in a top tax bracket and have residency in a high-tax state with strong credit quality – think Ohio, New York, Massachusetts, California, Connecticut, etc. – Cash in No Longer Trash : TINA is officially over. you should be looking at Munis here. Depending on the specifics a 4.5-5%

Taxes 288
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Strategic Advisory Letter | 2014 Year-End Planning Checklist

Brown Advisory

Strategic Advisory Letter | 2014 Year-End Planning Checklist. Wed, 11/12/2014 - 11:56. There has been a lot of talk of tax changes in the current year, but there has been little action. The tax environment for 2014 has been relatively stable.

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Which is Worse: Inflation or Unemployment?

The Big Picture

However you may describe Inflation, it sucks: A loss of buying power, a tax on consumers, a decrease in the value of savings, and a drag on GDP. 46, October 2014). I had never considered this until now, but once you do, the answer is terribly obvious: Of course people don’t want to lose their main source of income.

Economics 325
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Health Savings Accounts – The Other Retirement Plan

The Chicago Financial Planner

This is up from $285,000 in 2019, from $275,000 in 2017 and from $220,000 in 2014. The money goes into the account on a pre-tax basis much like a traditional 401(k) or IRA. This is a great opportunity for those who earn too much to make pre-tax contributions to a traditional IRA. The estimate was $190,000 in their 2005 survey.

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Question #1 for 2023: How much will the economy grow in 2023? Will there be a recession in 2023?

Calculated Risk

Also note that the sharp decline in 2010 was related to the housing tax credit policy in 2009 - and was just a continuation of the housing bust. Another exception was in late 2021 - we saw a significant YoY decline in new home sales related to the pandemic and the surge in new home sales in the second half of 2020. 2008 0.1% -2.5% 2009 -2.6%

Economy 276