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Considering this is an election year as well, the United States is in an unique financial environment.

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Just set aside some money starting in the fall to build up enough reserve for that, he said.

Get the max employer match if its offered, he noted.

Typically FSAs are a use it or lose it benefit, with some exceptions.

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You want to see to it youve paid enough in taxes to avoid any IRS penalties.

That ensures your cash is still earning the highest amount until you need it.

So, you may want to rebalance your portfolio forrisk management purposesand to align with your financial goals.

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Stick to your plan.

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