Are you saving for retirement? As the owner of a small business, you should consider your options for retirement savings. Tom Copeland offers information about the benefits of Roth IRA in comparison to other options and eligibility requirements for starting this type of retirement account. You can see the blog related to this topic here, and information about a variety of other business and personal financial concerns at Tom Copeland’s Taking Care of Business site.
Do you have high-deductible, minimal coverage health insurance? Did you know that you can start a Health Savings Account (HSA) to pay for medical expenses? A HSA is a tax-advantaged medical savings account that allows you to contribute money and then take money out for certain out of pocket medical expenses tax-free. You can eventually roll your HSA over into a retirement account. Find more information about Health Savings Accounts here.