CPAs and Advisors
“The best way to predict the future is to create it” (credited to Abraham Lincoln and Peter Drucker)
Can you predict the future? I suspect most of you reading this would say no. For those that would say yes, perhaps you need some therapy (humor intended).
If you have a High Deductible Health Plan (HDHP) then a Health Savings Account (HSA) could be a fantastic, tax savings tool to incorporate into your health care plan. To be considered an HDHP, two conditions must be met. The first is that your annual deductible exceeds $1350 for a sole participant and $2700 for a family. Secondly, is that the annual out of pocket maximum does not exceed $6650 for an individual and $13,300 for a family plan.
A couple of years ago, as I was coming off the typical Holiday binge-eating period, I decided to do something about it besides the all-too-common New Years resolutions, which usually die on the road to February. This time was different. I decided to get some help. I hired a personal fitness trainer. I was amazed at the similarities of what he does with his clients and what I do with my clients. (more…)