Monthly Investment Message: September 2017

Barbara O’Neill, Extension Specialist in Financial Resource Management

Rutgers Cooperative Extension

oneill@aesop.rutgers.edu

September 2017

Health Savings Accounts (HSAs): An Investment Opportunity?

Health Savings Accounts (HSAs) are a way that people can pay for unreimbursed medical expenses such as deductibles, co-payments, and services not covered by insurance. Eligible individuals can establish and fund these accounts only when they have a qualifying high-deductible health plan (HDHP). This means insurance with a deductible of at least $1,300 for individual coverage and $2,600 for …

Monthly Investment Message: April 2017

Barbara O’Neill, Extension Specialist in Financial Resource Management

Rutgers Cooperative Extension

oneill@aesop.rutgers.edu

April 2017

The Rule of 72: Applications for Investors

To quickly estimate how long it will take for a sum of money to double, divide 72 by the expected interest rate that can be earned on a savings or investment product. For example, $2,000 placed in an IRA invested in a stock mutual fund would grow to $4,000 in nine years at an 8% average annual return (72 …

Monthly Investment Message: March 2017

Barbara O’Neill, Extension Specialist in Financial Resource Management

Rutgers Cooperative Extension

oneill@aesop.rutgers.edu

March 2017

Don’t Overwithhold Income Tax Money- Invest It

Many people deliberately have extra federal and state income taxes withheld from their paychecks. Two advantages of overwithholding are that there’s no access to this money and, therefore, it can’t be spent recklessly, and the refund makes a nice windfall once a year to pay off debts or buy “big ticket” items. Two disadvantages are that taxpayers must wait …