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Is Disability Income Taxable?

There are many Americans that receive and rely upon disability income. Some may wonder if the disability income they receive is taxable and as is often is the case with tax questions, there is no simple “yes” or “no” answer. The most simplistic way to answer whether...

IRA to HSA Transfers

Are you aware that you can transfer funds from your IRA directly to a Health Savings Account (HSA) without incurring any taxes or penalties? According to the IRS, taxpayers are permitted to make exactly one “qualified HSA funding distribution” during their lifetime....