Colorado Teachers Just Got a Big Raise: Now What?

First, I need to apologize, because not every Colorado teacher just got a big raise. But due to a confluence of circumstances, quite a few did. These circumstances include: The state legislature having surplus dollars and finally deciding to try to make up for the years of underfunding of K-12 education (known, I kid you … Continue reading Colorado Teachers Just Got a Big Raise: Now What? →

FSAs: Use It Or Lose It (Except Not All Of It)

I've written before about Health Savings Accounts (HSAs), and how they are great to pay for medical expenses pre-tax but even better if you use them as a stealth retirement account. I've also written about Section 125 Plans, which includes your insurance premiums and Flexible Spending Accounts (FSAs). But in recent discussions in a class … Continue reading FSAs: Use It Or Lose It (Except Not All Of It) →

Some 2022 Tax Changes

Each year at about this time the IRS announces various changes to the upcoming tax year, which are based on formulas that typically revolve around inflation. To be clear, these are not changes to tax policy, Congress passes those, and there are certainly many of them in the Build Back Better Act that may end … Continue reading Some 2022 Tax Changes →