FSAs and HSAs are similar in that they're both healthcare savings accounts that you fund with pre-tax dollars. Withdrawals ...
Health savings accounts provide a tax-advantaged way for individuals with high-deductible health plans (HDHPs) to save and pay for medical expenses. They offer a sizable degree of flexibility along ...
Open enrollment season is here, and for millions of Americans, it’s a chance to start saving through one of the most ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South ...
One way to keep your retirement healthcare costs under control is to make smart Medicare decisions. But whether you're ...
Make sure you understand HSA rules before opening an account. Can a self-employed person have an HSA? Yes. A self-employed individual may be eligible for an HSA if they have a qualified ...
Health Savings Accounts allow people to save and invest with several tax advantages. They don't pay taxes on the dollars they put in, and so long as they spend the money on health care, there's no tax ...
A Health Savings Account (HSA) is like a financial Swiss Army knife: It has tools to cut your current taxes, slice your medical costs and tighten the scaffolding on your retirement savings. But, with ...
HSA funds never expire, so you have the option to reserve the money for a period of life when you expect higher healthcare bills. For example, if you're planning to have surgery in your 50s, there may ...
Self-employed individuals, such as small-business owners and independent contractors, are always looking for ways to reduce their tax bill and better manage healthcare costs. One often overlooked ...