Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

Ask KT & Suze Anything: Can I Use my HSA While I’m on Medicare?

9 snips
Mar 17, 2024
Topics covered include when to collect Social Security, credit cards for teenagers, LIRPs as investments, home sale vs rental property, and navigating HSA contributions and funding methods.
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ADVICE

Delay Social Security (Single)

  • Wait until age 70 to collect Social Security if you are single.
  • This maximizes your benefits, especially without spousal considerations.
ANECDOTE

Tax-Free Apple Stock Sale

  • Suze Orman's friend sold $1 million in Apple stock tax-free due to low income.
  • This illustrates how capital gains taxes work based on total taxable income.
ADVICE

Credit Cards for Minors

  • Add your child as an authorized user on your credit card for their expenses.
  • This helps them build credit and avoids foreign transaction fees.
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