A savings method that you may miss
On this week's Money Matters, before taking your calls, Scott and Pat discuss the hidden benefits of Health Savings Accounts. A Minnesota caller who’s been laid off asks if he should use some of the $400,000 in his 401(k) to pay down his mortgage. Scott and Pat advise a Colorado man about the taxation of his restricted stock units. A man asks how he can steer his friend away from a suspicious investment with a promised return of 21% per year. A caller asks if civil unrest and wildfires will affect insurance companies' ability to pay annuity benefits. Finally, Scott and Pat speak with a 55-year-old caller making $43,000 a year who has saved $500,000 and wants to know if he’s on track for a comfortable retirement. Ask a question by clicking here, or email Scott and Pat at firstname.lastname@example.org. Download and rate our podcast here.