Vicky Warren

Vicky Warren, once a nurse, now a freelance healthcare writer and social media coach.


Articles by Vicky Warren

Health Savings Accounts

The New HSA Owners Guide

For 2020, individuals can contribute up to $3,550, and families can contribute up to $7,100. For 2019, max contributions for individuals were $3,500, and for families, they were $7,000. If you’re 55+, you can make additional catch-up contributions of $1,000.

3 min read

Retirement

How much money do I actually need to retire?

Retirement planning is not a one size fits all deal. Fortunately, there are several rules of thumb to consider when planning a retirement budget.

A couple of examples include the “Multiply by 25 Rule” and the “80 Percent Rule”.

To use the Multiply by 25 rule, determine how much money you want each year during retirement and multiply it by 25. If you want $40,000 to spend each year, you’ll need $1 million in your retirement portfolio.

3 min read

Benefits

Health Insurance for Small Business Owners

When looking for a new position, job seekers usually scan the position title, qualifications, job requirements, and then check the listing for health insurance.

With the ever-rising cost of healthcare, savvy job seekers need health insurance; it’s just too risky to NOT have it. The good news for small businesses is that there are many ways to offer this benefit.

4 min read

Health Insurance

The Average Cost of Healthcare for Small Business Owners

Ask people what they want from a job and most will mention healthcare coverage. In fact, almost 40 percent of Americans consider it the most important benefit an employer offers. Our health affects every aspect of our lives, so it’s not a surprise that people consider an employer’s healthcare plan when considering their job options.

4 min read

Health Savings Accounts

When Should I Open my HSA Account?

If your health insurance is provided by your employer, and you are enrolled in a HDHP, your employer may also offer an HSA. Even if you employer doesn’t sponsor an HSA, no worries, you can open an HSA on your own. Self-employed? Just make sure when you sign up for an HDHP it is “HSA-eligible.” Most are, and you too can open your own HSA account.

2 min read

Health Savings Accounts

I’m No Longer Eligible for an HSA… Now What?

To be eligible to contribute to a health savings account (HSA), you must be enrolled in a qualified High Deductible Health Plan (HDHP). However, as we know, life happens, and situations (and your health insurance) can change. You may get a new job that doesn’t have an HDHP as an option, or just decide that a different type of health insurance is more aligned with your needs.

4 min read