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How to Use Funds From Multiple FSAs

My husband is covered under my workplace health insurance, but both of our employers offer a flexible spending account. Can we contribute to each of our FSAs, and can he use money from both accounts to pay for...

Tax Strategies for Charitable Giving

Can I still get a tax break for donating to charity in 2018? I know the new tax law changed the rules. - T.W., Mountain City, Tenn. You still get a tax break for charitable donations if you itemize deductions on...

How to Help Pay a Grandchild's Tuition

I plan to pay my grandson's college tuition by making payments directly to the university. Are these payments subject to limits or gift taxes? - R.V., Waco, TexasSEE ALSO: Kiplinger's Best College...

How to Find the Best Medicare Advantage Plan...

[Question] How do I use the Medicare Plan Finder tool to compare Medicare Advantage plans? What should I look at when choosing a plan?[Answer]The Plan Finder tool at Medicare.gov is the best way to compare all of...

Health Savings Account Limits for 2019

[Question]How high does my health insurance deductible need to be in 2019 for me to qualify for a health savings account, and how much can I contribute? If my employer adds $500 to my account, is that included in...

How to Find the Best Medicare Drug Plan for...

[QUESTION]You've mentioned that the Medicare Plan Finder tool at Medicare.gov is a great way to compare Medicare Part D plans, but the tool seems complicated to use. Do you have any tips for navigating this...

Cost of Employer Health Coverage to Rise 5% in...

[QUESTION]What should I expect to happen to costs and coverage for my employer's health insurance plan for 2019?[ANSWER]You can expect the cost of medical and drug benefits to rise by 5% in 2019, according to the...

Two Medigap Plans to Be Phased Out

[Question]I understand that medigap Plan F is going away in 2020. I've had Plan F for years. Does that mean I have to pick a new plan?[Answer]No, you don't need to switch plans. Medicare supplement (medigap)...

Legal Documents for College Students

[Question]My 18-year-old son is starting college next month and will be living away from home for the first time. Does he need any special legal documents?[Answer]Now that your son is 18, you lose many of the...

Tapping a Roth IRA for a House

[Question] I am 28 and want to buy my first home. I've had a Roth IRA for four years. Can I withdraw money from the Roth for a down payment without penalty or taxes? [Answer]You can withdraw contributions from a...

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Investing

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If steep tariffs on goods imported into the United States are only part of a negotiating tactic from...

Spending Wisely

3 Steps to Worry-Free Splurges for Retirees

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