Copper Beech Advisors Blog

Tax Benefits of a Health Savings Account (HSA)

Posted by Timothy Caban on Sep 11, 2015 10:00:00 AM


Health Savings Accounts (HSA)
Are you one of the growing number of employees who find themselves with an HSA as part of your health insurance offering by your employer?  Do you take full advantage of your ability to make a contribution?

First of all, if you are eligible for an HSA, that means that you also have a high-deductible health plan which is a requirement for you to have an HSA in the first place.  If your employer opened this account for you, you may not have taken the time to learn about it's features and then find yourself with questions at tax time.

It's an especially good benefit if you earn a good income and find many of your tax deductions and exemptions limited in one way or another.

Here is how an HSA works and why it's such a valuable tax deduction.

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Topics: Taxes, Healthcare

Why You Should Max Your 401k Contribution

Posted by Timothy Caban on Sep 3, 2015 10:00:00 AM


Pay Yourself First
Are you currently maxing your contribution to your 401k or 403b?  If not, you may be missing some big tax and retirement benefits.  Three of the most important things to understand in order to capture these benefits are:

  • Reducing Your Current Tax Bill
  • Compounding Investment Dollars
  • Clearing the Hurdle to Get Started
But how big are the benefits?  Is it really that important?
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Topics: Taxes, Retirement, 401k

Understanding Executive Stock Options - Part II Taxes

Posted by Timothy Caban on Aug 6, 2015 11:47:00 AM

Unequal Burden

In our first of 3 posts on how to approach executive stock options, we covered how to evaluate when to sell your options as the stock price moves up and down.  In this post, we will cover the 2nd important factor.  Taxes.

Three Key Factors

  1. Stock Price
  2. Taxes
  3. Cash Flow - Your Life

If you decide to sell your stock options without factoring in the tax effect, you may be leaving significant money on the table...

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Topics: Stock Options, Taxes