LIVELY BLOG

Financial Health

If you’re thinking about New Year’s Resolutions you’d like to make for the next year, you might want to consider including one or two from our list. The positive effects from improving your financial health will extend well beyond the coming year and could even help you to achieve longer-term goals that may seem out of reach.

The start of a new year is a great time to reassess your financial goals. It doesn’t matter if you’ve been working towards certain goals for years or if it’s your first time setting them. Here’s how to set specific, attainable financial goals — whether paying off debt or building an emergency fund.

Many people are wondering how to make the most of their savings accounts, particularly those that offer tax deferrals or exemptions altogether such as an HSA, 401(k), or IRA. We discuss strategies you can employ to maximize your accounts and save money for the future.

Employee stress is on the rise, but companies can utilize many tools, including benefits like HSAs, LSAs, and FSAs to help combat it.

If you’re the owner of an HSA, sometime in May (at least by June 1st) you will receive Tax Form 5498 from the trustee or administrator of your account. You may panic, because it looks like something that you should have submitted with your income taxes. Fear not, this form is only for your informational purposes.

When you open a health savings account (HSA), it's hard to imagine your small deposit growing into a sizable stash. But routine savings paired with investing adds up faster than you may expect. And before you know it, there could be ample funds to draw from when you need them.