HSA Basics

HSA Guidelines for the Self-Employed Health Savings Accounts (HSAs) are a powerful financial tool for managing healthcare expenses and reducing taxable income. For self-employed individuals, HSAs offer a unique opportunity to save on taxes while preparing for medical costs. However, understanding the rules and maximizing the benefits of an HSA can be challenging when you’re… Read more: HSA Guidelines for the Self-Employed

Using Your HSA for Vision and Dental Expenses Health Savings Accounts (HSAs) are a flexible and tax-advantaged way to pay for various medical expenses, including those related to vision and dental care. Many people don’t realize the full range of services that qualify, leaving money on the table or missing out on potential tax savings.… Read more: Using Your HSA for Vision and Dental Expenses

How to Invest Your HSA Funds Wisely Health Savings Accounts (HSAs) are more than just a tool for paying medical expenses—they can also serve as a powerful investment vehicle for long-term financial growth. By investing your HSA funds wisely, you can maximize your account’s potential and build a significant nest egg for future healthcare or… Read more: How to Invest Your HSA Funds Wisely

10 Surprising HSA-Eligible Expenses You Didn’t Know About Health Savings Accounts (HSAs) are well-known for covering common medical expenses like doctor visits and prescriptions. However, they can also be used for a variety of lesser-known healthcare-related costs. By understanding the full range of HSA-eligible expenses, you can maximize the benefits of your account and make… Read more: 10 Surprising HSA-Eligible Expenses You Didn’t Know About

HSA Contribution Limits for 2024: Everything You Need to Know Health Savings Accounts (HSAs) are a powerful financial tool for saving for the future. Each year, the IRS adjusts HSA contribution limits. In this guide, we’ll break down the contribution limits for 2024, explain how eligibility works, explore historical changes in limits, and provide actionable… Read more: HSA Contribution Limits for 2024: Everything You Need to Know

What is an HSA and How Does It Work? When managing healthcare expenses, understanding the tools available can make a significant difference in your financial well-being. One such tool is the Health Savings Account (HSA), a tax-advantaged account designed to help individuals and families save for qualified medical expenses. But what exactly is an HSA,… Read more: What is an HSA and How Does It Work?