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I live in canada and want to move to usa for job in insurance underwriting. I have 5 years of work experience both in broker side and insurer side. Do i keep on applying until i hear back? Is there any strategic approach for canadians as i have to get employer to sponsor me? Liberty Mutual Insurance Marsh McLennan Progressive Insurance Allstate
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You still have to pay for healthcare after 60 though right? At 65 you can receive Medicaid but that doesn’t cover everything (e.g., dental, vision).
Yep I hear ya D1, luckily mine is with hsa bank so I can invest in TDA however I want minus options. It’s not talked about often but hsa is powerful essentially a Roth IRA after 65, so trying to leverage it as much as I can
My HSA is at 20k I started it only a few years ago and max it every year (married). I plan to invest 100% (same as D1 up above in SP500 mainly) and always use cash for medical expenses and hopefully have it between 500k and 1M in retirement. Then mass reimburse myself tax free for everything medical I paid cash for last 30 years and use the rest for retirement medical expenses. The HSA is the most underutilized and unknown retirement advantage there is (as long as it makes sense for you to have HDHP coverage and you can swing the cash for medical expenses). I’m a trusts and estates attorney so I tend to nerd out on anything saving taxes.
Yes. But all I do is scan and save them in the cloud and log into an excel tracker I made. Whole process takes 60 seconds per receipt. And I dream of the day when I reimburse myself however much 30 years of medical expenses costs my family, the IRS throws the audit flag and then I just Gronk spike 30 years of receipts onto their desk. I won’t even give them the tracker just the receipts so they have to do the math.
At that point I can leverage dividend stocks to cover my withdrawals and then the rest I would invest in growth stocks