Posts Tagged ‘HSA’
2025 Key Numbers for Health Savings Accounts
The IRS recently released the 2025 contribution limits for health savings accounts (HSAs), as well as the 2025 minimum deductible and maximum out-of-pocket amounts for high deductible health plans (HDHPs). What is an HSA? An HSA is a tax-advantaged account that enables you to save money to cover health-care and medical costs that your insurance…
Read MoreTax Season News and Survival Tips
It’s not easy to keep up with complex tax laws that always seem to be changing, much less figure out how they might affect you personally. Even so, it’s important to consider the potential impact of taxes when making many types of financial decisions. The IRS automatically adjusts the standard deduction and income tax brackets…
Read MoreHow to Invest in Your Health in 2022
How to Invest in Your Health in 2022 Healthcare is one of the essential parts of life’s financial and personal journey. Many have not yet utilized all the financial tools that are available to you. We’re here to help you navigate your employee benefits packages to ensure you are maximizing all of your employee benefits…
Read MoreIRS Releases 2022 Key Numbers for Health Savings Accounts
The IRS has released the 2022 contribution limits for health savings accounts (HSAs), as well as the 2022 minimum deductible and maximum out-of-pocket amounts for high-deductible health plans (HDHPs). An HSA is a tax-advantaged account that’s paired with an HDHP. An HSA offers several valuable tax benefits: You may be able to make pre-tax…
Read MoreFive New Year’s Resolutions Every Investor Should Make
You owe it to yourself to take these steps for a healthier financial future. Markets had a good 2020 and it’s almost a given that we will have a 10-15% pullback in early 2021 but based on current economic numbers, low-interest rates, and light at the end of the tunnel on the COVID crisis, we are planning…
Read MoreHSA Deposit Limits for 2018-2019
The 2018 family maximum Health Savings Account contribution limit is $6,900. It has been widely reported, erroneously, that the limit remains at $6,850. The 2018 single maximum HSA deposit limit is $3,450. One financial planning strategy everyone can use is to allow your HSA balance to carryover from year to year and be invested in…
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