The IRS recently announced the contribution limits for Health Savings Accounts (HSAs) for 2026, implementing modest increases that are crucial for those looking to optimize their healthcare expenses. For individuals with self-only health plans, the contribution cap has risen to $4,400 from $4,300 in 2025. Family coverage contributions have also seen a significant increase, now
Personal
In the ongoing debate about tax policy, the $10,000 cap on the state and local tax (SALT) deduction, enacted through the Tax Cuts and Jobs Act (TCJA) of 2017, emerges as a focal point for rancorous political discourse. Originally seen as a necessary measure aimed at simplifying tax filings and reducing higher-income taxpayers’ benefits, the
For many investors, the allure of gold is undeniable, especially in times of economic uncertainty. The recent surge in gold prices to record highs has led many to flock to Gold Exchange-Traded Funds (ETFs) as a means of harnessing the metal’s value. However, what many may not realize is that diving into these ETFs comes
In the current landscape of financial uncertainty marked by inconsistent stock market performance and shifting tariffs, investors are provided with unique tax-planning opportunities that, if navigated carefully, can yield high rewards. One of these emerging strategies gaining traction is the Roth conversion. This approach involves transferring conventional pre-tax or non-deductible individual retirement account (IRA) funds
The Consumer Financial Protection Bureau (CFPB) has been under siege since the Trump administration took office. This strategy to slash government expenditure has been met with staunch resistance from a diverse coalition of experts, organizations, and—most importantly—the very consumers the CFPB was designed to protect. The attack on this crucial agency not only raises questions
Historically, private equity has been a domain exclusively reserved for institutional investors: pension funds, endowments, and accredited individuals who usually come with significant financial acumen. This concentration among sophisticated investors allowed for a relatively stable investment ecosystem where risks and complexities could be better managed. However, the recent initiative by the Securities and Exchange Commission
As the deadline looms for obtaining a Real ID, it’s time for American travelers to confront the reality of this essential identification upgrade. May 7 marks the end of a grace period that has encouraged compliance since the establishment of the Real ID Act in 2005. If you don’t possess a Real ID-compliant ID, expect
With the dawn of the Trump administration, the landscape of student loan forgiveness in the United States has undergone a troubling transformation. What was once a beacon of hope for many borrowers under the Biden administration has morphed into a labyrinth of constraints and confusion. The public service loan forgiveness (PSLF) program, designed to lighten
In an era where stock market volatility reigns supreme, the anxiety of investors—especially those nearing retirement—has escalated. Current economic conditions, shaped by unpredictable tariffs and inflation, make it imperative to seek out strategies that not only protect your assets but also provide peace of mind. While many turn to traditional methods of portfolio protection, one
Warren Buffett is known as the oracle of Omaha for good reason; his sagacious investment insights have revolutionized wealth creation. Yet, that doesn’t mean we should blindly emulate everything he does, especially regarding his massive cash reserves. Berkshire Hathaway reported a staggering $334 billion in cash at the end of the last fiscal year, which
In a puzzling juxtaposition, many Americans are expressing considerable anxiety about the future of the U.S. economy yet are not altering their spending habits significantly. A staggering 73% of adults report feeling “financially stressed,” largely attributing their unease to the ongoing trade wars and uncertainty surrounding tariff policies. This phenomenon of heightened stress alongside persistent