Tye-Med

Health Insurance and Your Income Taxes

Health Insurance and Your Income Taxes Health insurance is first and foremost a financial safety net. Yet, it can also play a meaningful role in lowering your tax bill. But the rules on what can and cannot be deducted aren’t always intuitive. In fact, the IRS code addressing health related expenses can be downright confusing. If you bu...

Life Insurance for a Non-Working Spouse or Partner: Protecting the Priceless

Life Insurance for a Non-Working Spouse or Partner: Protecting the Priceless When we fall in love and build a life with someone, we don’t think in terms of balance sheets. We think in terms of late-night talks, family traditions, and shared dreams. But when it comes to financial planning, we sometimes overlook one of the most economically important people in the household:...

Healthcare Sharing Ministries vs. Health Insurance: What’s the Difference?

Healthcare Sharing Ministries vs. Health Insurance: What’s the Difference? In the search for affordable healthcare, some Americans are turning away from traditional health insurance and exploring alternative models like Healthcare Sharing Ministries (HSMs). These programs often promise lower monthly costs and a faith-based approach to covering medical expenses. But while t...