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The Ultimate Millennial Millionaire Health Insurance Benefit That You Don’t Want to Miss Out On!
First, you are probably asking what’s an HSA. And Who are these good-looking doctors? (Shamelessly) The latter is just clickbait. You are now trapped into reading a 5 min article all about Health Saving Accounts (otherwise known as HSAs). Welcome to learning. The Internal Revenue Service’s (IRS) definition of an HSA: …A tax-favored medical savings account available to taxpayers. HSAs enable taxpayers to pay for current medical expenses and save for future qualified medical expenses on a tax-free basis. HSAs are owned by individuals, but contributions may be made by an employer or any other person. Amounts in an HSA may be accumulated over the years or distributed on a tax-free basis…
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What Every Millennial Black Woman needs to know about Money
Per the 2015 Asset Funders Network report, the median wealth of White single women was $15,640. The median wealth for single Black women and Latina women was $200 and $100 respectively. The usual reaction to this is, “Not me”. We have to settle quickly into this new acceptance phase and dig through the actual statistics because Black millennials are simply underprepared. For Black women, it’s not a just glass ceiling; it’s a thick platinum beam. Underpaid and Undervalued Given the current direction of the black community, it’s time to rely on our individual strength and “Lift as We Climb”. It is important to note that wealth in this country looks very different for white…
