Using Flexible Spending Account Dollars at the Drugstore

Posted by Richard on December 5, 2017

The rules changed a few years ago to limit use of tax-free FSA money for nonprescription drugs, but there are plenty of items you can still buy without a prescription.  Q. I know that the law changed a few years ago so you can no longer use tax-free money from a flexible spending account for […]

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12 Strategies to Generate Income in Retirement

Posted by Richard on

When it comes to saving for retirement, maybe you’ve done everything right. You started early, maxed out your 401(k) plan, invested in a diversified portfolio and avoided costly mistakes, such as cashing out your retirement plan. Fantastic. But now comes the hard part: making sure you don’t outlive your money. That’s a tall order for […]

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How to Retire During a Volatile Stock Market

Posted by Richard on

After a long stretch of calm and a relentless rally, the stock market could be headed for trouble. Stock market corrections, typically defined as a loss between 10% and 20% from the peak, occur about every two years, on average. The last one began in May 2015, so we’re due. The S&P 500 trades at […]

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