A tax-advantaged savings account called a MAGA account is included in the current tax bill being discussed in Congress. Over the next four years, the Treasury Department would fund the proposed MAGA ...

More people than ever will have access beginning next year to almost every financial adviser’s favorite way to save. HSA plans are a favorite savings vehicle among financial advisers because ...

It’s not a well-kept secret healthcare costs have risen faster than wages for many years. To protect their bottom lines, many ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Sabrina Karl has over two decades of experience writing about savings, CDs, and ...

Health savings accounts are underrated by many people. They let you accumulate a lot of money for healthcare expenses. What you don't spend can remain and grow until you tap the account in retirement.

Traditional 401(k) savings are subject to federal and state income taxes upon withdrawal in retirement. Roth 401(k) accounts use after-tax dollars, allowing contributions and earnings to be withdrawn ...

Michael Evans writes about insurance and other finance topics for Investopedia. An insurance industry veteran, he has covered personal finance for more than 20 years for publications including ...