7 Hidden Sources of Free Money Most People Forget To Claim
KEY TAKEAWAYS Enroll in a 401(k) to capture employer matching. Use an employee stock purchase plan (ESPP) for discounted company stock. Check for valuable workplace perks like tuition assistance, commuter benefits, and wellness reimbursements. Take advantage of tax credits, which reduce what you owe at tax time. Earn rewards on everyday spending with a credit card, but always pay your balance in full. The odds of winning the lottery are 1 in hundreds of millions . So what's a smarter bet for getting "free money?" You can leverage your employer benefits, make the most of credit card rewards , and claim available tax credits. Here are a few ways to snag some extra funds without having to rely on luck. 1. Max Out Your Health Savings Account (HSA) If you have a high-deductible health insurance plan , you can pair it with a health savings account (HSA), which uses pre-tax dollars through payroll deductions, lowering your tax liability. 1 Your money grows tax-fre...