Tax free in, tax free growth, and tax free out. Read the article below. It has been a while since I read it, but this was the article that opened my eyes to the advantages. Also, my employee gives me $500/yr in HSA, so more free money!
www.madfientist.com
Iowa LTC insurance last year was anywhere from 180-225/day in NC Iowa. Medicare and supplemental will pay 100 days of recovery time for each hospital stay then transfer to care facility. I dealt with this last year with my mom.
Not knocking them, I started one but then when I put my cafeteria plan in, it made it kinda useless for me. It also doesn’t limit me on 3500/7000 dollar area.
Could be a game changer for the markets. A lot of interesting articles out there concerning this race & markets.
Who knows with the market, but I figured it will keep rolling especially with the vaccine going to be distributed next month. Will see how the GA race outcome shakes out but that could change everything.
I was a short term play anyhow. Had some cash hit in March and knew around September or so I would probably need to liquidate so I rolled the dice that I could make some on the side instead of 1/2% in a savings account. Held about a month or so longer than I figured I would and can slip some extra cash in my pocket or get the wife a different work car with the extra. Will let you guess what happens.
I think the question remains will the market drop back or will it just stall and stay steady to wait for fundamentals to catch up.
