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Open Enrollment is Now! How Do I Choose the Right Plan for Me?
It’s that time of year when we get to choose our healthcare coverage for 2025, otherwise known as Open Enrollment. For a limited time, we can review the options available, understand the upcoming changes, and decide what will work best for us. Read below for an overview of options for Washingtonians: Individual Plans, including new…
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Celebrating Independence! How Financially Independent are You?
Hoping everyone had a fun, safe and healthy 4th of July! Along with celebrating our National Independence, how about touching on the importance of becoming financially independent?! There are many reasons that financial independence is crucial to living a balanced, autonomous and functional life. Below, we will explore a couple of those relating to living debt-free and our…
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Aging Parents and End-of-Life Planning: Are Your Documents in Order?
Being home for Mother’s Day recently (and now, with Father’s Day on the horizon) spending time with aging parents, really highlighted the importance of planning ahead for their care! Read below for the bare minimum in required end-of-life documents, and what you can do today in order to have that peace-of-mind for tomorrow. Understanding the…
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Women’s History Month: The Status of Equal Pay
March is Women’s History Month, and ICYMI, Equal Pay Day fell on March 12th this year. (That’s 2 days earlier than last year, so..yay, progress?) At this rate, though, it’s been calculated that equal pay might have a chance of being obtained by year 2124, or later. Ugh. Read below for the status of Equal…
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Closing Out 2023: Your Year-End Money Moves!
It’s time to close out 2023 (!!!) and with that comes some money moves and/or opportunities for review! Read below for a few time-sensitive checklist items you may need to take advantage of right now! Reminder: not tax advice, just some friendly financial literacy. Spend Your Flex Spending Accounts (FSA): Here is a refresher on…
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ICYMI: WA State Long Term Care Insurance Premiums Resume July 1st!
ICYMI: WA State “WA Cares” Long Term Care (LTC) Insurance premiums, which had a short life and since have been on pause since 2022, will resume being pulled from paychecks starting July 1 2023. Read below for a reminder on what the program is, and how much you will probably be required to contribute, if…
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How My HSA Saved Me from Succumbing to Medical Debt this Year!
Since we’re still in Open Enrollment, I just wanted to post a quick personal story of how my Health Savings Account (HSA) really saved me from incurring major medical debt this year! We’ve gone over how the use of Sinking Funds can help us to save up for things all year. This is the strategy…
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National Domestic Violence Awareness Month: Recognizing Financial Abuse
October is here which brings with it a topic that does not get nearly enough airtime: National Domestic Violence Awareness month.Let’s touch on a few facts about Domestic Abuse and in particular, Financial Abuse. 1 in 3 women will face Domestic Abuse (it’s 1 in 2 for trans folks) and in 99% of those cases,…
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Interpreting and Paying for Medical Bills: Your rights & options!
As Open Enrollment is here, or approaching, for many of us let’s talk about interpreting medical bills! Read below for how to address a medical bill, your rights for appeal, financial aid available, and what to do if you are sent to collections. Step One–Open your Medical Bills and Check for Errors:As tempting as they…
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HSA: A Tool for Retirement Savings!
Since we’ve had Open Enrollment on the mind, let’s take a deeper dive into the Health Savings Account! Specifically, how we can use it as a “look back” in order to reimburse ourselves for old medical expenses, and also as a “look forward” as a tool in order to build wealth for retirement! If you’re…
