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Talk to a Financial Planner Before Getting a Wedding Loan
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Medicare is Not Automatic
3
Your phone is ringing. Should you answer it?
4
That other retirement account: Financial planning for HSAs
5
Fathers Sue for More Parental Leave

Talk to a Financial Planner Before Getting a Wedding Loan

The Washington Post reports that “Couples are taking out loans to pay for their weddings.” And while one person interviewed found that it wasn’t all that difficult to get a personal loan to pay for an engagement ring (adding that it might not be the only loan he takes out for his upcoming nuptials), he doesn’t question this decision because the loan meant he didn’t take away from his savings or investments. In his mind, a loan makes sense because it leaves his savings intact.

While that interviewee felt okay, “Financial planners say they’ve seen an uptick …

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Medicare is Not Automatic

If you’re nearing age 65, there’s something you need to know: unless you’re currently receiving Social Security benefits (having filed early), you need to take action to make sure you receive your Medicare benefits in a timely fashion.

Timing

What this means is that you can sign up for Medicare up to three months prior to your 65th birthday. You must sign up within the period from three months before until four months after your 65th birthday, or you’ll face possible penalties. By signing up during that seven month period, your coverage will be on-time and you’ll begin being billed …

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Your phone is ringing. Should you answer it?

I would hazard a guess that for many of us, answering the phone has become an exercise in frustration.  If you are like me, regardless of the efforts I have taken to place my number on the DoNotCall registry and to use my caller id to prescreen before answering, I am still bombarded with scam calls each and every day.  What makes it worse is that the robo-callers and scammers are now using a technique called “spoofing” where they can disguise their identity on caller id and make it appear that a legitimate business is calling.  This spoofing technique has …

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That other retirement account: Financial planning for HSAs

Health Savings Accounts (HSAs) may be the best deal out there, if you can get it. All of us like to beat the tax man, right? HSAs are what’s known as triple tax free: you get a deduction when you put money into the account, the account grows tax free, and as long as you make withdrawals for allowable health care expenses (pretty easy to do), you don’t pay any tax on that either. They’re like a traditional IRA or 401k going in, and a Roth coming out.
But like many good things, there are a few problems and things …

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Fathers Sue for More Parental Leave

Father’s Day has just past and once this holiday has ended, many fathers return to business as usual at home and on the job.

We once wrote about that “Fathers Are Reluctant to Take Paternity Leave” and while that may still be the case for some, things are changing. The Washington Post recently reported on “How a dad’s lawsuit against JP Morgan Chase could lead to more parental leave elsewhere” and while this is the first such case in recent years, it is a very high-profile one. JP Morgan Chase will end up paying $5 million …

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