Covid-19: Impact On Dependent Care FSAs

Before you get to the good stuff…

Now that YMTT is back up and running, I’ll be featuring — from time to time — some Tips from Pops posts. For those who are already fans, you know the very beneficial information and insights passed along in these articles — information that can help keep you “in the know” and primed to be financially secure, today and tomorrow. 

My Pop also has his own blog, called WynnSights, where you can find this post and so many more. Run, don’t walk to get signed up for that one. It’s free, time-tested tips from someone who has made a good life from his unique approach to planning, investing and saving so you can live your best life.

IRS Eases FSA Rules

To provide flexibility for employees coping with the Covid-19 virus, the IRS has issued new guidelines that permit employers to amend FSAs, allowing workers to adjust dependent care plan contributions – including dropping future contributions altogether.

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This life is full of choices.

I don’t know about you, but managing my emotions — especially over the past week or two — it’s pretty much been a sh**show. I mean, really, I’m all over the board. Totally in control one minute. Grateful. Hopeful. Dreaming of what’s next. And then – BAM – concern, worry, even negativity creeps in. I […]

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17 years ago.

The annual message came early. Via text. They’re almost always texts these days. 11:56 pm “17 years ago.” The next came at 3:02 am. I heard the alert. It didn’t wake me. I was already up. “I can’t believe it.”

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An Introduction to Pops’ PDQ Investing Principles

In merry old English pubs where ale was sold by the pint and quart, bartenders would often encourage rowdy customers to “mind your pints and quarts” – later shortened to “mind your p’s and q’s.” I’ve adopted a revised version of this ancient scolding to encourage members of the younger generations to do the same […]

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Patience, my friend. Patience.

Welcome back, my fellow Treehuggers! As promised in the last Tips from Pops post, we’re going to start taking a deeper dive into each of the three components that make up my personal investing approach — what I refer to as my PDQ Principles. Short, as you might recall, for Patience, Diversification, and Quality. If you need […]

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Diversify, diversify, diversify.

Welcome back, Treehuggers! Let’s just get cracking where we left off — about half way through an introduction to each of my PDQ Principles. Today, I’ll be tackling the “D” in “PDQ” — Diversification. If you need a quick refresher on what we’ve discussed up to this point, you can check out an overview of […]

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The importance of “quality” in investing.

It’s time to round out the introduction to my PDQ Principles for personal investing, with the last (but certainly not least) principle: Quality If you need a quick refresher on what we’ve discussed up to this point, check out an overview of my Introduction to Pops’ PDQ Principles and my deeper dive into the first two principles […]

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