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personalfinance: Archive

Zacks Equity Research

What Happens to Your FSA When You Quit Your Job?

Leaving your job soon? Find out what happens to your FSA and how to use your funds wisely before you lose them.

Meredith Margrave

I Was Laid Off With Kids, a Mortgage, and No Plan. This Is What Got Us Through.

When personal finance editor Meredith Margrave was laid off, she couldn't find a step-by-step guide for how to rebalance her family's budget ??? something to help them get through the next few months, not just the next job interview. So she wrote one.

Zacks Equity Research

Are Health Insurance Premiums Deductible If You Take a Deduction for an HSA?

You can claim tax breaks for both HSAs and health insurance premiums but not for the same expenses. Here is how to maximize each without double-dipping.

Zacks Equity Research

How the Wealthy Use Credit to Build and Preserve Their Fortunes

For the rich, credit isn't a trap but a tool. Here's how the wealthy use borrowing to grow wealth, cut taxes and pass on more to their heirs.

Zacks Equity Research

What Are Joint Checking Account Laws and How Do They Affect You?

Joint checking accounts offer convenience but come with legal risks. Here's what the law says about ownership, liability and what happens after death.

Zacks Equity Research

Tax Guidelines for Seniors in 2025

Starting in 2025, seniors get an extra $6,000 tax break, helping retirees lower their taxable income and possibly reduce taxes on Social Security benefits.

Zacks Equity Research

Here's the Truth on Whether You Can Have HSA & FSA Simultaneously

You cannot typically contribute to both an HSA and an FSA at once, but a few limited-purpose options make it possible.

Zacks Equity Research

Can You Withdraw Money From an IRA Into a Savings Account?

You can move IRA funds into a savings account, but taxes, penalties and lost compound growth can make it a costly choice.

Zacks Equity Research

Can You Move Your TSP to a Roth IRA Without Paying HighTaxes?

Rolling your traditional TSP into a Roth IRA can unlock tax-free growth, but without careful planning, it may trigger a hefty tax bill.

Zacks Equity Research

How Social Security Helps Children After a Parent's Death

When a parent passes away, Social Security survivor benefits can offer children crucial financial support to maintain stability during tough times.