How to Use HSA Funds for Emergency?

Answer The purpose of a health savings account, or HSA, is to help consumers take charge of their health care. By putting money away in a health savings account, consumers can get a tax break up front, th... Read More »

Top Q&A For: How to Use HSA Funds for Emergency

How much should I save in emergency funds?

Although there is no hard and fast rule, financial experts such as Dave Ramsey and Kiplinger recommend that you have a minimum of three to six months of living expenses in a bank account. This shou... Read More »

How do I build emergency funds for paying off credit card debt?

Make a BudgetMake a household budget as the first step in building an emergency fund for debt relief. To accomplish this, determine the total living expenses (rent, food, bills, etc.) and deduct th... Read More »

Are index funds better than actively managed funds?

On One Hand: Actively Managed Funds Claim to be the MarketManagers of actively managed funds claim they have the skills and experience to beat the market. Investors in actively managed funds believ... Read More »

LifeStrategy Funds vs. Target Retirement Funds?

LifeStrategy funds, offered by Vanguard, and target retirement funds, offered by a number of mutual fund companies, provide two different approaches to investing in mutual funds. They serve differe... Read More »