I want to contribute to a health savings account to help increase my retirement savings, but I would like to better understand how they work. What can you tell me? Nearly 60 Dear almost, A health savings account, or HSA, is a fantastic financial tool that can help you build a tax-free reserve of money …
Jim Miller Special correspondent QQUESTION : I am currently enrolled in Original Medicare, but am considering switching to a Medicare Advantage plan during the open enrollment period. Many Medicare Advantage ads I’ve seen offer many additional benefits beyond what traditional Medicare offers and no monthly premiums. What are your thoughts? ANSWER: Be wary of Medicare …
During the COVID-19 public health emergency, Congress prohibited states from disenrolling people from Medicaid. The idea was to prevent people from losing coverage during the pandemic. But the emergency has passed. On April 1, state Medicaid programs regained the ability to exclude people who were no longer eligible. Some states have decided to reevaluate the …