If you’d like to move in retirement, you must consider the impact of taxes, cost of living, lifestyle considerations, and more. Below we break down the various factors you should consider if you’d like to move! Income Tax by State[i] In dark green are the seven states that have no personal income tax. They are Wyoming, Washington, Texas, South Dakota,… Read More
Posts Tagged ‘ Health Care ’
Understanding the Difference Between a Health Savings Account (HSA) and a Flexible Spending Account (FSA)
It is important to understand the difference between a Health Savings Account (HSA) and a Flexible Spending Account (FSA). Choosing the right plan can maximize your health and tax benefits. While a HSA and a FSA may achieve the same goal by reducing your taxable income and allowing you to pay for qualified medical expenses tax-free, they have different benefits… Read More