By: Cynthia Rivera, J.D. A Flexible Spending Account (FSA) is an employer-sponsored account that allows you to make pre-tax contributions out of your salary to pay for qualified medical expenses. If you currently own an FSA this is a reminder that the U.S. Treasury modified the "use it or lose it" rule for those accounts [...]
The dreaded Holiday shopping season is almost upon us! If you’re anything like me, you don’t even think about it until the season is upon us and it’s too late. I’m a last minute online shopper! This can result in a bit too much overspending because I don’t have time to shop for deals or [...]
Almost all of us have financial skeletons in our closet. Whether we knew it was a mistake when we made it, or realized it shortly thereafter, we seem to have those “ouch” moments that we’re embarrassed to talk about. Well ladies, we can’t change the past, but we can change the future. You should never [...]
By: Lynda Tull, Associate Advsior Did you know that you may have to pay a higher premium for Medicare Part B and Medicare Part D based on a tax return from 2 years ago? Medicare Part B and Part D use a two-year clawback to determine premiums. The result is a surcharge, known as [...]
By: Lynda Tull, Associate Advisor Medicare is confusing. The main Medicare coverages are Medicare Part A, Medicare Part B, and Medicare Part D. On top of that, there are also optional Medicare supplement and advantage plans. To make things more confusing, you could get stuck with a late enrollment penalty for all your main [...]
I remember in fourth grade, my uncle bought me these really beautiful (actually hideous, but not to my 4th grade self!) peach corduroy overalls, a white floral puffy sleeve shirt, a striped peach wool sweater to wear over it, and some brown boots to complete the outfit. I got to my first day of school [...]
(The Federal Deposit Insurance Corporation) By Cynthia Rivera When a customer deposits funds in an insured bank located in the United States, these deposits are generally protected by the Federal Deposit Insurance Corporation (FDIC) against loss in the event that the bank fails. The FDIC, an independent agency of the United States government, will [...]
Equifax Breach Settlement: Additional Compensation Details Written By: Lynda Tull, Associate Advisor So you are thinking about or have submitted a claim for alternative reimbursement compensation instead of taking the free credit monitoring services. Below is some additional information on the claims for additional cash compensation. Note that in order to have an eligible claim [...]
Written By: Lynda Tull, Associate Advisor Were you one of the 147 million people affected by the Equifax data breach that happened in September 2017? If so, you may be eligible for some form of compensation. On Monday, July 22nd, the Federal Trade Commission ruled that Equifax will have to pay up to $700 [...]
Sometimes I wish summer had 8 days of the week! To be clear, I want the eighth day to be another Saturday, NOT another Monday. I also wish I got a “summer raise” every year, where I get paid more every summer to cover the expenses of all the exciting extra adventures that always seem [...]
