Athena Financial & Insurance Associates
Your health savings account (HSA) can do more for you than you might think. HSAs are a type of savings account that people with high-deductible health plans (HDHPs) can contribute to and use to cover their medical expenses. But it can also be a useful tool for building and protecting your wealth.
After years of working hard to accumulate wealth, you want to know that you can protect what you have built. How can insurance be a strategic tool for safeguarding your assets?
Not everyone is able to max out their retirement contributions in the early years of their career. As retirement approaches, that can leave you feeling like you’ve fallen behind on saving. But when you turn 50, the IRS allows you to start catching up.
You can start claiming your Social Security benefits when you turn 62, but you also have the option of delaying your payments. What are the potential benefits and drawbacks of waiting until your full retirement age, or delaying benefits until you’re 70 years old?
Many people change jobs several times throughout their careers. Each new job can come with a new 401(k), making it easy to lose track of retirement accounts over the years.
Imagine you have just gotten a raise at work. You’re probably thinking about how you can afford that big purchase you’ve been wanting, or how you can finally go on that nice vacation.
You’ve worked hard to save up for your retirement. Understanding the rules and tax obligations for withdrawals can help you decide which retirement accounts to withdraw from and when.
Can debt ever be a good thing? The term “debt” implies a significant burden, which it certainly can be. But the truth is, some forms of debt can contribute to your financial well-being.
Annuities have become a popular planning option for many people looking to diversify their retirement income. However, alongside this increased popularity, many myths about the pros and cons of annuities and how they work are still floating around.
Marriage is a big commitment. Prenuptial agreements can feel like you’re betting against your commitment to your partner, but that doesn’t have to be the case. Learn how a prenup can protect your finances and when signing one is especially beneficial.
