Healthcare

Healthcare: A frequently overlooked but important component of a comprehensive financial plan is health insurance and healthcare planning.  Health insurance is important: Approximately 90% of US citizens have health insurance, with significant gains in health coverage occurring over the past 5 years. Health insurance facilitates access to care.  Health insurance is associated with lower death rates, better health outcomes, and improved productivity. Health insurance coverage is crucial to living a productive and healthy life. Citizens of the US obtain health insurance coverage from a variety of public as well as private sources, such as through employers or through direct purchase on the individual market (private sources), as well as through the Medicare, Medicaid, or Veterans Affairs programs (public sources).  From basic medical insurance to healthcare spending accounts (HSAs) to Flexible Spending Accounts and Medicare, watch these free finStream TV videos to help you understand your options and include it in your overall financial plan.

FSA (View all)

Can I Still Contribute to My FSA After Enrolling in Medicare?

Can I Still Contribute to My FSA After Enrolling in Medicare?

Can I Still Contribute to My FSA After Enrolling in Medicare? In this episode of "Ask the Hammer," Jeffrey Levine from Buckingham addresses a question about Medicare and Flexible Spending Accounts (FSAs) for individuals working past the age of 65. The viewer, who plans to work until 70 and is covered under an employer's health plan, inquires about the necessity of giving up their FSA after enrolling in Medicare Part A.

Making Sense of FSAs When You Hit 65+

Making Sense of FSAs When You Hit 65+

Many people approaching age 65 face a dilemma when it comes to flexible spending accounts (FSAs). Can you keep contributing to an FSA after enrolling in Medicare? Or do you need to give it up entirely? In this episode of Ask The Hammer, Jeffrey Levine, chief planning officer at Buckingham, clears up the confusion.

Dependent Care FSA vs Dependent Care Tax Credit

Dependent Care FSA vs Dependent Care Tax Credit

To offset a portion of the high cost of childcare, consider a Dependent Care Flexible Spending Accounts (DCFSA) and the Dependent Care Tax Credit. Adviser Danielle Harrison explains what to keep in mind.

HSA (View all)

Don't Mess Up Your HSA! Key Timing Tips for Social Security & Medicare

Don't Mess Up Your HSA! Key Timing Tips for Social Security & Medicare

Don't Mess Up Your HSA! Key Timing Tips for Social Security & Medicare: Contributing to an HSA and nearing retirement? In this episode of Ask the Hammer, Jeffrey tackles the tricky timing of applying for Social Security and Medicare while keeping your HSA tax benefits.

When to Stop HSA Contributions Before Medicare

When to Stop HSA Contributions Before Medicare

Marcia Mantell of Mantell Retirement Consulting joins Lily Hamson to discuss the ins and outs of stopping contributions to an HSA before enrolling in Medicare.

HSA - Health Spending Accounts

HSA - Health Spending Accounts

Keith Whitcomb, RMA, Perky discusses the tax advantages of HSA's - Health Savings Accounts.