AMJ Financial Blog

Tag Archive: tax-free

Contribute to a Health Savings Account – 5 Easy Steps

Did you know a Health Savings Account, or HSA, offers three different tax advantages? Contributions are deductible, earnings are tax-deferred while in the HSA, and distributions are tax-free when they are used for qualified medical expenses. If you’re enrolled in a high-deductible health insurance plan, you may want to consider contributing to an HSA. Keep… Read More

What Would You Do?

New jobs often come with a lot of excitement and steep learning curves. Consider this example scenario: Charlotte, a freshly-hired employee is a little bit overwhelmed. She’s meeting new co-workers, setting expectations, figuring out the coffee situation, and completing form after form. Charlotte’s new employer has a retirement savings plan, and this fact jogs her… Read More