by idei | Mar 14, 2025 | TaxBiz
In 2022, the average American spent approximately $12,914 on healthcare, according to data from the Centers for Medicare & Medicaid Services (CMS). A Health Savings Account (HSA) is a valuable tool to help manage and reduce these costs. An HSA is a specialized...
by admin | Jun 19, 2024 | TaxBiz
Health savings accounts (HSAs) are grossly underutilized as a retirement investment tool by the people who have them, even though thousands of dollars can be invested each year. ✅ How to Get the Most out of Your HSA Account HSAs are tax-advantaged accounts intended...
by admin | Jan 30, 2024 | TaxBiz
Health Savings Account (HSA) work together with an HSA-eligible health plan. If you’re enrolled in this type of health plan, you can make pre-tax contributions to an HSA, allowing you to pay for qualified medical expenses tax-free. This can help create a cash...