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the benefits (and the catch) of health savings accounts


it's benefits open enrollment season at many employers, and workers are increasingly likely to hear about an option known as an hsa that can help them pay for medical expenses and save money on their taxes.hsas, or health savings accounts, are not yet as familiar as their better-known cousin, the fsa, flexible spending account. but hsas are becoming more common.devenir, an hsa services firm, reports that the number of hsa accounts increased by 16 percent year-over-year as of june 30, to more than 21 million. assets held in the accounts grew 23 percent, to just under $43 billion.hsas offer a triple tax benefit. contributions can be deducted pretax from your paycheck, lowering your taxable income; any interest or investment gains on the money is tax-free; and withdrawals from the account are






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with this free, secure bswift benefits mobile application, employees can now quickly obtain accurate benefits information on-the-go: --insurance group and id numbers--co-pay, co-insurance and deductible info--coverage effective dates--carrier contact info--links to important carrier websites--payroll deductions and contributions to benefits (flexible savings accounts and health savings accounts) --and much more. so now, when you're at the pharmacy - or the dentist's or doctor's office - trying to find your insurance id number or to confirm the co-pay amount, just go to your bswift benefits app for the answer. to learn more or answer any questions, please feel free to contact bswift at 1-877-9-bswift or www.bswift.com.






you can buy “gap insurance” to help pay your health insurance deductible


high deductibles suck, even when you know about health savings accounts and no-deductible freebies. on the bright side, it’s possible to buy extra insurance that just covers your deductible.advertisementsome employers offer gap insurance for deductibles, but you can also buy it yourself. kind health, for example, charges $25/month to cover a $2,500 deductible, or $50/month to cover a $7,500 deductible. there’s a catch, though: since deductible insurance isn’t a full-fledged health insurance plan, it’s not subject to most regulations of the affordable care act. if you have a pre-existing condition, for example, kind will refuse to pay for care for that condition for a certain time period. they will still sell you the policy, though, and they will pay for care that’s not related to that cond






liz weston: why you need 3 savings accounts


some of us hoard cash while paying 18% interest on a credit card balance. others blow through a tax refund as if it were free money when it's actually a return of our own hard-earned dollars.this brain quirk has a name: mental accounting. we treat money differently depending on where it comes from and how we intend to spend it, often to our own detriment.we can, however, leverage this illogical behavior to help us save more.a big pot of savings may inspire less diligence than multiple accounts with specific purposes . with multiple accounts, savings for long-term goals can grow, even as those for short-term needs are periodically raided.multiple savings accounts can get expensive at traditional banks that have minimum balance requirements and account fees. many online banks, however, allow






liz weston: why you need 3 savings accounts


some of us hoard cash while paying 18% interest on a credit card balance. others blow through a tax refund as if it were free money when it’s actually a return of our own hard-earned dollars.this brain quirk has a name: mental accounting. we treat money differently depending on where it comes from and how we intend to spend it, often to our own detriment.we can, however, leverage this illogical behavior to help us save more.a big pot of savings may inspire less diligence than multiple accounts with specific purposes . with multiple accounts, savings for long-term goals can grow, even as those for short-term needs are periodically raided.most read storiesunlimited digital access. $1 for 4 weeks.multiple savings accounts can get expensive at traditional banks that have minimum balance requir






can't decide what to do with your tax refund? split it


for many people, getting a tax refund is like getting a handful of sand: it's virtually impossible to hang on to much of it.but it doesn't have to be that way. you can have the irs split your refund across a number of accounts, perhaps some less accessible than your checking account, and thus keep that windfall from slipping through your fingers.how it worksfill out form 8888 and the irs will directly deposit your refund into as many as three accounts of your choosing. that means you don't have to dump that $2,860 (the average refund in 2016, per the irs) into your checking account, where it might end up getting spent at the mall. instead, you can funnel some or all of it directly into a retirement account, college savings, a health savings account or a brokerage account, to name a few opt






how families can save for disability expenses tax-free


the achieving a better life experience act, passed into law a few years ago, cleared the way for the states to offer special savings accounts, called able accounts. these special accounts allow folks to save and invest money, and use it tax-free for disability related expenses without jeopardizing their eligibility for public benefits. but there wasn't much in the news about these new accounts because a year after the law was enacted, no states had yet launched an able account program. but now, 21 states offer these special accounts to their residents today, and able accounts are getting the attention of some major financial firms, including fidelity investments and vanguard, as they've realized that there's an opportunity to gather and manage significant assets for customers. there's an e






lively raises $4.2m as it adds investment capabilities for health savings accoun


lively co-founder shobin uralil likes to describe the health savings account as the “401(k) for healthcare” — but that it’s woefully underused as an investment vehicle like a 401(k).so instead of just relying on it as a way to pay for healthcare, uralil and his co-founder alex cyriac set out to build a way to not only help people start up health savings accounts, but also help them consider them in the same vein as other kinds of investments. today, lively said it is adding investment capabilities with an integration with td ameritrade, which will be available to all lively hsa holders. the hope is that lively will introduce a kind of investment that’s been available to the traditional finance community, but in a more seamless way in order to continue growing into a one-stop shop for hsa.“






lively raises $4.2m as it adds investment capabilities for health savings accoun


lively co-founder shobin uralil likes to describe the health savings account as the “401(k) for healthcare” — but that it’s woefully underused as an investment vehicle like a 401(k).so instead of just relying on it as a way to pay for healthcare, uralil and his co-founder alex cyriac set out to build a way to not only help people start up health savings accounts, but also help them consider them in the same vein as other kinds of investments. today, lively said it is adding investment capabilities with an integration with td ameritrade, which will be available to all lively hsa holders. the hope is that lively will introduce a kind of investment that’s been available to the traditional finance community, but in a more seamless way in order to continue growing into a one-stop shop for hsa.“






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download download enjoy a seamless mobile experience designed exclusively for the android devices. you'll have free instant access to your ulster savings bank business accounts. log in securely with the same username and password you use on ulstersavings.com. enjoy quicker access with fingerprint verification available for supported android handsets and tablets. user access controls. token, text and voice approval options. check balances and rates on all your ulster savings bank business accounts, including checking, savings, and more. multi-tin balances and transactions, - entitled account access: entitlements enforced regardless of channel. transfer funds quickly and easily between your business accounts. map locations and contact information for all of our convenient branches.






can’t decide what to do with your tax refund? split it


for many people, getting a tax refund is like getting a handful of sand: it’s virtually impossible to hang on to much of it.but it doesn’t have to be that way. you can have the irs split your refund across a number of accounts, perhaps some less accessible than your checking account, and thus keep that windfall from slipping through your fingers.how it worksfill out form 8888 and the irs will directly deposit your refund into as many as three accounts of your choosing. that means you don’t have to dump that $2,860 (the average refund in 2016, per the irs) into your checking account, where it might end up getting spent at the mall. instead, you can funnel some or all of it directly into a retirement account, college savings, a health savings account or a brokerage account, to name a few opt






can’t decide what to do with your tax refund? split it – the denver post


by tina orem,the associated press for many people, getting a tax refund is like getting a handful of sand: it’s virtually impossible to hang on to much of it.but it doesn’t have to be that way. you can have the irs split your refund across a number of accounts, perhaps some less accessible than your checking account, and thus keep that windfall from slipping through your fingers.how it worksfill out form 8888 and the irs will directly deposit your refund into as many as three accounts of your choosing. that means you don’t have to dump that $2,860 (the average refund in 2016, per the irs) into your checking account, where it might end up getting spent at the mall. instead, you can funnel some or all of it directly into a retirement account, college savings, a health savings account or a br






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download download expat accounts lets expatriates manage their finances with ease. expats can add their accounts in multiple currencies and view an overview of their holdings in their home currency. expats can add checking / current accounts, savings accounts, time deposits / certificate of deposits / fixed deposits and 30 / 90 day reserve accounts. supported currencies are usd, eur, gbp, aud, cad, jpy, sgd and inr.






health savings accounts can supercharge retirement funds, but not for this guy


dear liz: prior to retiring in 2015, i contributed to a health savings account. at the time my spouse and i were enrolled in my employer-provided high deductible health insurance plan. after i retired, i enrolled in an hmo plan my employer provided, which is not high deductible, and my wife enrolled in a medicare supplemental plan. can i make a one-time ira rollover of $8,750 into the hsa? if not the $8,750, can i make any one-time contribution to the account while i am enrolled in the kaiser health insurance plan? i have only $53 in the hsa. are there any reasons to keep the account open or should i close it?answer: you did have the option, while you were enrolled in the high-deductible plan, to make a one-time rollover from your ira to your hsa. the amount you could roll over is capped t






how to find a good kids' savings account


just as you wouldn’t send your kids to school without the right supplies, you wouldn’t expect them to learn about smart savings strategies without a few helpful tools.enter savings accounts. although they might seem like mere parking spots for money, joint savings accounts for children can teach them about interest, fees and other important banking concepts. the joint ownership means parents manage the cash in that account until the child turns 18.the first step, though, is finding a good account. your best bet is likely a credit union or online bank, which tend to charge fewer fees and offer higher interest rates than big banks.here are a few tips for finding the best place for kids to save cash.ignore marketing gimmicksa good kids’ savings account looks a lot like one you might open for






fed rate boost won't help savings accounts


fed’s anticipated rate boost won’t help paltry interest yields on traditional savings accountsby jonnelle marte  • washington postthe federal reserve is widely expected to raise its benchmark interest rate by 0.25 percentage points on wednesday, which would make it only the third such rate increase since the end of the financial crisis.you have probably seen the anticipated increase affect the rates for credit cards, home equity lines of credit and other loans. but it may be a while before the fed’s rate increases start to make a difference in one key area of your finances: your savings account.“people need to get used to the idea of [savings account] rates being low,” says alan maceachin, a corporate economist at navy federal credit union.in the past, fed rate increases have meant better






mechanics savings tablet


mobile banking with mechanics savings is the quick, easy way to manage your banking needs anytime, anywhere. mobile banking gives you access to the same services you already enjoy with our online banking services. mobile banking allows you to: view your accounts. check balances. view transactions. transfer funds between eligible accounts. pay bills (must be set up through online banking). deposit checks. find the nearest mechanics savings office or atmmechanics savings will never ask you for your personal or p word information by phone, text message or email. if you should receive a request for such information, do not respond to the request. please contact the bank immediately at 207-786-5700 during business hours.






mechanics savings mobile


mobile banking with mechanics savings is the quick, easy way to manage your banking needs anytime, anywhere. mobile banking gives you access to the same services you already enjoy with our online banking services. mobile banking allows you to: view your accounts. check balances. view transactions. transfer funds between eligible accounts. pay bills (must be set up through online banking). deposit checks. find the nearest mechanics savings office or atmmechanics savings will never ask you for your personal or p word information by phone, text message or email. if you should receive a request for such information, do not respond to the request. please contact the bank immediately at 207-786-5700 during business hours.






health care’s future: turning patients into savers, shoppers


the u.s. government may soon lean on someone new to help lower health care costs: you.the idea is that when your money is on the line — and not the insurance company’s — you’ll look for the best value and do your part to curb national health care spending.the affordable care act’s fate is up in the air as president donald trump and congress weigh plans to overhaul the law. while much remains unknown, republicans indicated last week that they will encourage wider use of insurance that comes with a health savings account aimed at pushing patients to save and shop for care.this coverage has been around for years and is becoming more common in plans offered through employers. it comes with a high deductible, which means most insurance doesn’t kick in until patients have first spent their own m






5 simple hacks to increase your retirement savings


are you saving for your retirement?if you haven’t been able to start saving for retirement, you are not alone. the number of americans who have no cash in their bank accounts is staggering.according to a federal reserve report, almost 30% of americans have literally no money in their accounts while 62% have at least $1,000. half of today’s americans couldn’t afford $400 to cover an emergency expense without borrowing money or selling something.in another survey conducted by gobankingrates.com, nearly 21% of its respondents claim to not have any savings account. 36% of them, on the other hand, are just starting out with their savings.the importance of saving for your retirement cannot be overemphasized. the amount of money you will save today will see you through your golden age. saving for






wsb - washington savings bank


get quick, easy, secure, 24/7 access to wsb bank accounts anytime, anywhere. wsb's mobile app makes banking more convenient. monitor your accounts. view savings, checking, and loan account balances. review transaction history for savings, checking, and loan accountsmanage your money. make deposits using mobile deposit. pay bills or people using bill pay. send money using popmoney. transfer money between wsb accountscontact wsb. find the nearest branch and atmsto use wsb mobile, you must first be a washington savings bank customer and be enrolled in wsb online banking. wsb mobile is free to and use, however certain features may have charges incorporated with the feature. your wireless provider may charge for data usage and text messaging. please contact your provider for details. washing






fruit health benefits download


download download fruits health benefiting properties are because of their richness in vitamins, minerals, micro-nutrients, anti-oxidants, which helps the body prevent or at least prolong the natural changes of aging by protecting and rejuvenating cells, tissues and organs. their overall benefits are manifold. fruit nutrition benefits are infinite. "fruits for health" give you the list of fruits and their benefits. "so eat fruits daily an keep away from hospitals and doctors. ".






new savings account lends stability to disabled minnesotans


minnesota on tuesday will announce the launch of new savings accounts that could lift hundreds of people with disabilities out of poverty by allowing them to accumulate savings without jeopardizing their public health insurance coverage and other government benefits.nearly a decade in the making, the new accounts are considered a breakthrough for many of the roughly 600,000 minnesotans with disabilities, who often are forced to impoverish themselves to qualify for public services. for the first time, people with disabilities and their families can set aside up to $14,000 a year for certain expenses without getting cut off from social security, medicaid and other government programs.minnesota is among the first states in the nation to offer the accounts, known as able accounts, which are co






liz weston: 4 tax hacks you might not know


you know to contribute enough to your 401(k) to get the full company match. maybe you’ve even adjusted your withholding so you’re not giving uncle sam an interest-free loan.yet you may feel the need to do even more, especially if you’re making the last big push toward retirement. these hacks allow you to shelter more money from taxes now and when you retire. they include:—last-minute 529 deductions. you’ll get the most value from state-based college savings plans if you have many years for your contributions to grow. but you may be able to wring a last-minute tax benefit even if your child is about to head off to college or is already there. most states offer deductions or credits for contributions and don’t have minimum holding periods, said andrea feirstein, managing director of akf cons






for minnesotans with disabilities, able accounts could ease poverty


minnesota on tuesday will announce the launch of new savings accounts that could lift hundreds of people with disabilities out of poverty by allowing them to accumulate savings without jeopardizing their public health insurance coverage and other government benefits.nearly a decade in the making, the new accounts are considered a breakthrough for many of the roughly 600,000 minnesotans with disabilities, who often are forced to impoverish themselves to qualify for public services. for the first time, people with disabilities and their families can set aside up to $14,000 a year for certain expenses without getting cut off from social security, medicaid and other government programs.minnesota is among the first states in the nation to offer the accounts, known as able accounts, which are co






liz weston: 4 tax hacks you might not know


you know to contribute enough to your 401(k) to get the full company match. maybe you've even adjusted your withholding so you're not giving uncle sam an interest-free loan.yet you may feel the need to do even more, especially if you're making the last big push toward retirement. these hacks allow you to shelter more money from taxes now and when you retire. they include:—last-minute 529 deductions. you'll get the most value from state-based college savings plans if you have many years for your contributions to grow. but you may be able to wring a last-minute tax benefit even if your child is about to head off to college or is already there. most states offer deductions or credits for contributions and don't have minimum holding periods, said andrea feirstein, managing director of akf cons






a look at some of the changes in latest gop health care bill


washington — the latest changes to the senate republican health care bill are geared to increasing access to bare-bones private insurance. there's also an additional $45 billion to help states confronting the opioid epidemic.but senate majority leader mitch mcconnell, r-ky., would keep in place medicaid cuts that gop governors and senate moderates have objected to. no democrats are supporting the plan.a look at some of the latest changes:— a major change to health savings accounts would allow consumers to use the tax-sheltered arrangements to also pay for health insurance premiums. currently health savings accounts can only be used to pay out-of-pocket costs not covered by insurance, such as deductibles and copayments for medical services.— more money for states to help lower health insura






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download download download the official free app in android for health benefits of ginger. 100 % free and works offline. this app is the best place to share and find health benefits of ginger and its medical properties. ginger is a natural herb that is used across the globe as a spice. due to the various health benefits of ginger, this herb also is considered as medicinal plant. various studies have proven that ginger is highly effective for treating a number of health problems. health benefits of gingerthis app has anti-nausea, anti-spasmodic, antifungal, anti-inflammatory, antiseptic, antibacterial, antiviral and antitussive properties that can do wonders for your health. also ginger (zingiber officinale) is surprisingly the most widely used dietary condiment in the world today. it's act






eliminating essential health insurance benefits is a lousy idea that won't save


you can add this to the list of proposed conservative “reforms” to the healthcare system that won’t work to lower costs and is a terrible idea in general: paring back the list of essential health benefits required to be covered by every obamacare plan.david anderson of duke points us to a recent paper by milliman, the preeminent cost-analysis firm in healthcare, about how much these essential benefits actually add to the cost of health insurance and the consequences of removing the mandates. the paper finds that eliminating the most vulnerable mandates, such as maternity care, will reduce average premiums somewhat but drive costs for people who need those services sky-high and transfer much of the cost to other public programs. the net gain for society is almost invisible. to put it anothe






eliminating essential health insurance benefits is a stupid idea that won't save


you can add this to the list of proposed conservative “reforms” to the health care system that won’t work to lower costs and is a terrible idea in general: gutting the list of essential health benefits required to be covered by every obamacare plan.david anderson of duke points us to a recent paper by milliman, the preeminent cost-analysis firm in health care, about how much these essential benefits actually add to the cost of health insurance and the consequences of removing the mandates. the paper finds that eliminating the most vulnerable mandates, such as maternity care, will reduce average premiums somewhat but drive costs for people who need those services sky-high and transfer much of the cost to other public programs. the net gain for society is almost invisible. to put it another






the irs will split your tax refund for you


image via getty.if you’re getting a tax refund, you’ve probably got big plans for it. ideally, you’ll use it for good: paying off debt or finally building your emergency fund, for example. whatever you choose, keep in mind: the irs will let you split your refund across multiple accounts.today's tax day, and this year's average individual refund is just under $3000. even if…read more read more the washington post explains how this works:advertisementadvertisementfill out form 8888 and the irs will directly deposit your refund into as many as three accounts of your choosing. that means you don’t have to dump that $2,860 (the average refund in 2016, per the irs) into your checking account, where it might end up getting spent at the mall. instead, you can funnel some or all of it directly into






the cruelty and fraudulence of mitch mcconnell’s health bill


this is still a bill that takes from the poor to give to the rich; it just does so with extra stealth.a few days ago the tweeter in chief demanded that congress enact “a beautiful new healthcare bill” before it goes into recess. but now we’ve seen mitch mcconnell’s latest version of health “reform,” and “beautiful” is hardly the word for it. in fact, it’s surpassingly ugly, intellectually and morally. previous iterations of trumpcare were terrible, but this one is, incredibly, even worse.before i get to what makes it worse, let’s talk about the one piece of the new bill that may sound like a step in the right direction, and why it’s largely a scam.the original senate bill got a lot of justified bad press for slashing medicaid while offering big tax cuts for the rich. so this version rolls






making sure your money will last in retirement


if you are a millennial looking at saving for retirement, a key factor in your planning is recognizing how long you will need to live on your retirement income and savings -- and that it'll probably be longer than what your parents experience.major medical and health advancements have helped boost longevity over the last few generations. over a millennial's lifetime, there may be more, which could drastically change how long people will be living.so what steps can you take now to make sure that if your money is prepared to live as long as you do?  plan to stay in the workforce longerapart from the financial benefits, working longer has also been linked to better health and an increased sense of well being in many older people.  on the savings side, fidelity investments recommends linking a






here's a savings account that beats an ira


it's hard to imagine retirement savings without individual retirement accounts, which have been around since 1974. millions of americans use iras to accumulate money that grows tax-deferred and in some cases, with contributions that are tax-deductible. you pay taxes only when money is withdrawn. but for a rapidly growing number of workers, a much better option is available for accumulating retirement money: a health savings account, or hsa.  an hsa allows you to accumulate money that can later be withdrawn tax-free to reimburse yourself for medical expenses. best of all, money you contribute to an hsa is tax-free on the way in, grows tax-free while in the account and is tax-free when you take it out. no other account allows this triple-tax-free benefit.  hsas are so valuable that i advise






eliminating essential health insurance benefits is a stupid idea that won't save


you can add this to the list of proposed conservative “reforms” to the healthcare system that won’t work to lower costs and is a terrible idea in general: gutting the list of essential health benefits required to be covered by every obamacare plan.david anderson of duke points us to a recent paper by milliman, the preeminent cost-analysis firm in healthcare, about how much these essential benefits actually add to the cost of health insurance and the consequences of removing the mandates. the paper finds that eliminating the most vulnerable mandates, such as maternity care, will reduce average premiums somewhat but drive costs for people who need those services sky-high and transfer much of the cost to other public programs. the net gain for society is almost invisible. to put it another wa






n26 launches savings accounts with raisin


n26 is launching yet another feature to build a modern retail bank for european customers. this time, the company is partnering with raisin, a german startup also known as weltsparen. in just a few taps, you’ll be able to open a savings account for money you don’t need.raisin doesn’t build savings accounts itself. instead, the company is partnering with financial institutions across the eurozone to find the best rates for you. so you can say that you have €10,000 and that you’re willing to save for a couple of years. raisin could find a bank in portugal or austria so that you get the best rates possible.but raisin also opens the account for you so that you don’t have to deal with all the paperwork. rates depend on your initial deposit and the chosen term. n26 says that you can expect up to






n26 launches savings accounts with raisin


n26 is launching yet another feature to build a modern retail bank for european customers. this time, the company is partnering with raisin, a german startup also known as weltsparen. in just a few taps, you’ll be able to open a savings account for money you don’t need.raisin doesn’t build savings accounts itself. instead, the company is partnering with financial institutions across the eurozone to find the best rates for you. so you can say that you have €10,000 and that you’re willing to save for a couple of years. raisin could find a bank in portugal or austria so that you get the best rates possible.but raisin also opens the account for you so that you don’t have to deal with all the paperwork. rates depend on your initial deposit and the chosen term. n26 says that you can expect up to






bald man on bike shoots woman during robbery attempt at wheat ridge atm – the de


denver7police said the robbery occurred at a chase bank atm at 38th and wadsworth around 5 a.m. feb. 1, 2017.a bald, black man riding a bicycle s a woman at a wheat ridge atm early wednesday morning after a failed attempt to rob her, authorities say.the woman, who was s in the shoulder, was taken to a hospital for treatment, said sara spaulding, wheat ridge police spokeswoman.“he was on a bike with a gun,” spaulding said. “he did not get any money.”see our map, report and neighborhood rankings of robberies in denver.also,see our denver crime map.the victim described the alleged robber as a bald, black man in his 40s wearing dark clothing and riding a bicycle, spaulding said.the bicyclist rode up to the woman while she was getting money from an atm at the chase bank at 38th avenue and wadsw