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24 Jan '24Small Business 401(k) Plans – Guide and Providers
Continue readingA bit of a detour today to discuss small business 401(k) plans. Wealth45 generally focuses on employees of large technology companies. But thought a dive into the world of small business might be of interest. When it comes to 401(k) plans, the playing field shifts between small businesses and tech giants. Smaller companies, limited by […]
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20 Dec '23Found Money – Finding a “Lost” 401(k) Account
Continue readingFinding a lost (or forgotten or old or misplaced) 401(k) account can be an unexpected windfall. According to Schwab: “Those born between 1957 and 1964 held an average of 12.4 jobs before the age of 54, according to the Bureau of Labor Statistics. The more accounts you acquire, the more challenging it is to keep […]
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06 Sep '23The HSA Tax-Advantage Triple Play (Health Savings Accounts)
Continue readingA Health Savings Account (HSA) is a tax-advantaged savings account designed for individuals and families with high-deductible health insurance plans (HDHPs). HSAs are intended to help people save money for qualified medical expenses while also offering tax benefits. Here are some key features and benefits of HSAs: High-Deductible Health Plan Requirement: To be eligible for […]
