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Should I pay off my mortgage early?


Should I pay off my mortgage early?
By Chonce Maddox Rhea
article
If you re wondering whether early mortgage payoff is right for you, there are a few important questions you should ask yourself first about your financial situation. Also, look into how refinancing can help you erase your mortgage quicker. (iStock)
Determining whether to pay off your mortgage early can be both an emotional and financial decision. If your mortgage is one of your highest monthly expenses, paying it off early may sound like a good idea to help you save money on interest and eliminate a costly monthly bill. ....

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Should I pay off my mortgage early?

Should I pay off my mortgage early?
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Health Savings Accounts — an adviser favorite — just don't get much love


HSAs, an adviser favorite, just don’t get much love
Health savings accounts, often confused with flexible spending accounts, are prized for their tax leniency. But many things hold them back, including the high-deductible health plans to which they are tethered.
February 1, 2021
8
MINS
Health savings accounts are one of the top recommendations advisers make for clients, but the savings vehicles are scarcely used and when they are, they are almost always treated like checking accounts.
As every financial professional worth their salt knows, HSAs are a unicorn in the tax world. The accounts are funded with pretax income, grow tax-free and are not taxed when used for eligible expenses the “triple tax” benefits for which they are so renowned. They represent one of the most efficient ways to squirrel away money for retirement. ....

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