The HCA Healthcare benefits documentation is 181 pages long. Who has the time to read all the different options and decipher how each one relates to their personal situation? Does anyone even understand what these benefits do for them? How do you know if you are covering yourself or your family the way you want to?
It can be hard enough to manage your finances when your circumstances are relatively simple, let alone when you have extra challenges due to your career. When you need help, how do you know who to turn to? Who can you rely on to understand your life and guide you through complicated decisions and opportunities?
Not having a retirement plan is like being stuck on the side of the road with only a gas station map and your crazy uncle who swears he knows where he’s going. Odds are you’re not getting to your destination—at least not in one piece. COVID-19 has upended the universe and the economy, but having a plan in place with clearly defined goals can help you stay the course and not make bad emotional decisions.
We all know that hiding our money under our mattress or depositing it in a traditional savings account isn’t going to give us the growth we need to retire when we want, the way we want. In other words, we need a bit of help, something that gives us an edge. That’s what a 401(k) does. Employer-sponsored retirement plans give us a way to contribute to our future with a few added benefits thrown in.
Receiving unemployment compensation is a huge help. But an unexpected tax hit? Not so much. Here, we go through 3 ways you can take control of your taxes if you claimed unemployment benefits during COVID-19.
Finding an annuity that meets your long-term objectives requires time and research but may be the key to boosting your financial success in retirement.
