Financial Blog

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What’s MAGI and Why Does It Matter?

What’s MAGI and Why Does It Matter?

This post was originally published March 26th, 2018. It has recently been updated to give you more recent information on MAGI and how it can affect your taxes. There's an important tax calculation that will never show up on any of your tax forms, but it can make the...

9 Tax Changes for 2025 You Need to Know

9 Tax Changes for 2025 You Need to Know

We got a new tax law (2025 Reconciliation Legislation) this year, and many of its rules will affect your 2025 taxes.  They call it the OBBBA, the One Big Beautiful Bill Act, but I don’t. It’s not beautiful for most people. In fact, many people will see their...

5 Tax Moves to Make Before 2025 Ends

5 Tax Moves to Make Before 2025 Ends

Want to lower your 2025 tax bill? This is the perfect time to make that happen.  If you wait til next year, it’ll be too late to make these 5 tax-saving moves. Tax Move #1: Max Out Retirement Accounts Put as much money into traditional retirement accounts as you...

HSA: The Best Retirement Account You’re Not Using

HSA: The Best Retirement Account You’re Not Using

And How to Open One Today Don’t be fooled by the name Health Savings Account (HSA)… HSAs are really retirement accounts in disguise. And if you’re eligible for an HSA, you definitely want one, because they combine all the best features of other retirement plans… and...