Archive - January 3, 2017

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5 Reasons Why You Shouldn’t Use Yelp to Find Advisors
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Health Savings Account for 2017
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Make Smart Money Moves in the New Year

5 Reasons Why You Shouldn’t Use Yelp to Find Advisors

Yelp is a very popular online site where consumers post ratings based on their personal experience of retail stores, restaurants and service providers. The simplicity of the site is that if you see that 200 people had been to a particular restaurant and each had a very good experience, there’s a good chance that you will have a favorable experience

The post 5 Reasons Why You Shouldn’t Use Yelp to Find Advisors appeared first on Chamberlain Financial Planning & Wealth Management.…

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Health Savings Account for 2017

When you have a health savings account you’re allowed to make contributions to the health savings account that are deductible from your income.  There are limits to the amount that is deductible each year, and these limits are set by the IRS.

In order to have a HSA, you must also have a High-Deductible Health Plan (HDHP), which is a health insurance policy that, as the name implies, has a high deductible.  Qualified plans have a minimum deductible of $2,600 for families (for 2017) or $1,300 for singles.  In addition, HDHPs have a maximum annual limit on the sum of …

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Make Smart Money Moves in the New Year

This is a time of year when everyone is making lists and setting financial goals for the upcoming year. At the same time, many people are starting to see the bills from or the effects of their holiday shopping. It may also be a time when you are still reflecting on your financial missteps of the past year. This can be overwhelming because as you are looking at a new year, reminders from the past year are still there.

Try not to dwell too long on misguided financial moves from the past year. Instead, look for ways to make wiser …

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