Updates on FSAs and HSAs Posted on April 20, 2021 by CopyTeam A recent survey found that 40% of respondents with access to a Health Savings Account (HSA) do not fully understand how they work. Basically, HSAs are paired with high-deductible health plans to help people save money for their plan’s high deductible, copayments …
More money can buy happiness . . . to a point In 2010, a study was published by two Nobel prize-winning economists purporting that people with more money feel better about their lives. However, that held true only up to an annual salary of $75,000 ($90,000 in today’s dollars). Past the $75k threshold, people weren’t …
Are You Making Plans on How To Celebrate Post-Pandemic? Many Are! If you’ve been cooped up, masked and socially distanced for the last year, what’s the first thing you want to do to celebrate post-pandemic freedom? Plan a dinner party? Go on a trip? Hug your grandchild? Do your plans involve spending money – …
The Pros and Cons of Corporate America’s Remote Work Trend Post-pandemic, will everyone in America go back to the office like nothing ever happened? Will lost jobs be recovered? Or is remote work and skeleton staffing a trend here to stay in Corporate America? A recent survey of company leaders revealed that eight …
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Every year, Berkshire Hathaway’s Chairman and CEO Warren Buffett sends a thoughtfully crafted letter to the company’s shareholders from which the investment industry gleans whatever newfound wisdom possible. Given that 2020 was an unusual year by economic, social and financial standards, there is much to glean. Despite the difficulties the U.S. has experienced …
What\’s an Annuity and How Does it Work? The Insured Retirement Institute (IRI) – a trade association for the retirement income industry – advocates annuities as a vehicle that can help provide retirees income, guaranteed by the insurer. The organization has been actively educating and lobbying legislators to expand annuity access as part of …
Tax Pitfalls Millions of Americans took advantage of the delayed tax-filing deadline in 2020 and will have that opportunity again with the recent IRS announcement extending the deadline to May 17, 2021. In fact, according to one survey, 11% of taxpayers filed their 2019 returns after the July 15 extension last year, and 3% …
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The Scoop Future Potential of Brain Computer Interface (BCI) Technology Telekinesis has always been portrayed in science fiction movies as a futuristic, pseudo-scientific, alien-like trait — but no more. The neurological capacity to influence a physical system without physical interaction is on its way to mass market applications. The development of brain-computer interfaces …
How Pandemic Trends May Affect Investment Trends in the Future The pandemic has created many shifts in our lives, and those changes have far-reaching effects across a number of industries and demographics. Packaging Online shopping was popular before the pandemic, and it seems there’s no going back now. However, with home delivery comes a lot …
Enhance Your 2021 Tax Return You just realized April 15th is right around the corner! Although the tax filing process can be stressful, which is the number one reason people procrastinate, there is nothing better than seeing a return check in the mail. No matter what you\’re planning to do with the money you hope …