A Financial Literacy Blog for All
Many employers offer a benefits package. The most common benefits are health insurance and a retirement plans, topics I’ve covered in other posts. Some benefits packages have other features, such as dental and vision insurance, various kinds of disability and life insurance and, in Canada, …
All investment decisions are a trade-off between risk and reward. In this post, I’ll focus on how risk and reward affect your decision among the investment options in your employer-sponsored retirement plans. If you look at returns over very long periods of time, well diversified, …
Once you have the basics covered – food, housing, transportation and a few other things, saving for retirement is likely to become a priority. Many governments have retiree income programs, such as Social Security in the US. However, as is discussed in this post, many …
Now that you’ve learned about what is covered by health insurance from last week’s post, I’ll help you choose a health insurance plan. As part of the process, I’ll tell you some ways to lower your net cost of healthcare and provide you with a …
Health insurance is one of the most expensive purchases you will make every year, whether you buy it on your own or through your employer. There are many terms specific to insurance and many more specific to just health insurance that are important to understanding …