Will Social Security exist for Millennials and Gen Z?

Will Social Security exist for Millennials and Gen Z?

An infamous 1994 poll found that 46% of young Americans believed in UFOs, while only 25% believed they would receive their Social Security benefits. Fast forward nearly 30 years, and nearly three in four Americans (74%) say they do not rely on Social Security benefits when planning their retirement income, according to recent research by … Read more

It’s the best state for military retirees – and it’s the worst

It’s the best state for military retirees – and it’s the worst

Florida leads the ranking of best places to live for retired military families, followed by South Carolina and Virginia, thanks to factors such as health care, favorable tax policies and a market solid work. Oregon came in last place, while the District of Columbia ranked 50th and Nevada 49th, according to research by WalletHub. WalletHub … Read more

How can you trust a financial advisor if you don’t know what you’re getting into?

How can you trust a financial advisor if you don’t know what you’re getting into?

Over the years that Pam Krueger hosted MoneyTrack on PBS, listeners constantly told her they were so afraid of going to see a financial planner that they categorized it as going to the dentist or seeing a divorce lawyer. “They are so intimidated in that first meeting. They feel like they’re going to be judged, … Read more

My husband passed away and his HSA funds were sent to me. Do I have to pay taxes on it?

My husband passed away and his HSA funds were sent to me.  Do I have to pay taxes on it?

Posted: May 19, 2023 2:05 PM ET My husband passed away on November 5, 2022 and left no will. So I created an estate, with an EIN number, and I have been the administrator since December 5, 2022. I found a health savings account in which I contacted the HSA bank and after many emails … Read more

My husband passed away and his HSA funds were sent to me. Do I have to pay taxes on it?

My husband passed away and his HSA funds were sent to me.  Do I have to pay taxes on it?

My husband passed away on November 5, 2022 and left no will. So I created an estate, with an EIN number, and I have been the administrator since December 5, 2022. I found a health savings account in which I contacted the HSA bank and after many emails and documents they sent me a check … Read more