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ETFs vs. Mutual Funds: Understanding the Key Differences
Exchange-traded funds (ETFs) and mutual funds are popular investment choices for achieving financial goals. Both offer diversification and professional management, with key differences in trading, fees, transparency, tax efficiency, and minimum investment. Choosing between them depends on individual circumstances, preferences, and investment goals. ETFs may be suitable for lower costs and tax efficiency, while mutual…
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In Case You Missed It: 4th of July Best Hits Edition
As we prepare for the 4th of July, we’re highlighting our top 5 newsletter articles covering business operations and personal life tips. Explore topics like dealing with sales taxes, project management tools, Health Savings Accounts, personal mentorship, and handling adverse business prospects. Enjoy the holiday and we’ll be back next week.
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HSA Pt. 2 – Know your options & how to optimize
Missed Part 1 on HSAs? Check it out here on Substack. You’ve opened your HSA, funded it, and are ready to manage those medical bills. Now comes the question – how to optimize your HSA for maximum benefit. Let’s dive into contribution limits, saving strategies, investment options, and explore similar accounts like FSAs and HRAs. Contribution Limits: How Much Can…
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What’s an HSA?
A Health Savings Account, known as an HSA, is an underutilized savings account that has some versatile tax benefits you may want to consider. Its purpose is to help you save & pay for qualified medical expenses, including medical, dental, vision, and prescriptions. These plans are great options for those with high-deductible health plans (more…