Monthly Archives April 2016

April is Financial Literacy Month

April is “Financial Literacy Month” and one of your best financial “teachers” can be your tax return. Here are some lessons to consider: 1. AVOID A BIG REFUND OR BIG TAX BILL Does your payroll withholding amount need adjusting? That’s what a huge tax bill or hefty refund is telling you. Shoot for the middle. Themore allowances you claim on your W-4 on file with your employer, the less tax is withheld. 2. A HEALTH SAVINGS ACCOUNT (HSA) MIGHT HELP Even with health insurance, steep medical bills can accrue. Unless they total 10% of your adjusted gross income, you can’t
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Categories: Financial Literacy and Uncategorized.