If you are uninsured, or are losing your insurance due to recent unemployment, you do have options to regain health coverage. Depending on your financial situation, only certain options may be affordable. But any level of coverage will help protect you and your wallet down the line. Options include securing coverage through your spouse's insurance plan, COBRA, the Affordable Care Act marketplace, or Medicaid.
Read more
The IRS is giving Americans an extra three months to file their taxes for year 2019 as the country largely remains on lockdown due to the coronavirus pandemic. Instead of an April 15th due date, tax returns are now due on July 15th. Taxpayers that owe money can also defer federal tax payments, interest free and penalty free until July 15. Additionally, the deadline for making contributions to IRAs and Health Savings Accounts was similarly extended to July 15th. Note that you can still request an automatic extension to file your tax return to October 15th, but the extension does NOT change the deadline to pay any taxes or make IRA or HSA contributions.
Read more