Given the escalating cost of health care, there may be a more cost-effective way to pay for it. For eligible individuals, a Health Savings Account (HSA) offers a tax-favorable way to set aside funds (or have an employer do so) to meet future medical needs. Here are the main tax benefits: Contributions made to an
Health Insurance Archives - Crawford Ellenbogen
Sep 21, 2021
Is a Health Savings Account right for you?
- By Joan Ellenbogen
- Deductions, Financial Planning, Health Insurance, Medical, Taxes
- 0 Comments
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Oct 23, 2019
Setting up a Health Savings Account for your small business
- By Ellenbogen
- Business, Health Insurance
- 0 Comments
Given the escalating cost of employee health care benefits, your business may be interested in providing some of these benefits through an employer-sponsored Health Savings Account (HSA). For eligible individuals, HSAs offer a tax-advantaged way to set aside funds (or have their employers do so) to meet future medical needs. Here are the key tax