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Financial Planning Considerations for Single Women Thumbnail

Financial Planning Considerations for Single Women

For various reasons, the state of a woman’s financial security often depends on her marital status. A study from the U.S. Government Accountability Office says that women’s household income dropped by 41 percent after divorce, nearly double the size of the decline men experienced. In 2020, women earned just 82.3 cents on the dollar compared with men, according to the Department of Labor’s Bureau of Labor Statistics, a gap that was more pronounced for women of color. And women earn less than their male counterparts in nearly every occupation. Whether you are newly divorced, widowed, or single by choice, the following tips could help you shore up your financial security.

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How to save money with an HSA Thumbnail

How to save money with an HSA

A Health Savings Account, HSA, is an account that can be opened by individuals who are under high-deductible health plans. The basis of the account is that it has tax advantages and allows individuals to save for certain medical expenses. Read more to find out about the benefits and downsides of HSA's, as well as what medical expenses are covered.

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