Apr 24, 2024 | Health Savings Account, Heathsharing
https://hsaforamerica.com/wp-content/uploads/2020/11/combine-an-hsa-and-health-sharing-to-save-big.mp3 Since 2001, we’ve seen countless health cost-saving strategies come and go, but none have stirred up quite as much buzz as health sharing plans. This has led...
Apr 23, 2024 | Health Savings Account
The deadline to contribute to HSA is April 15th 2025! Since HSAs first became available in 2004, almost 35 million people have opened one up, gaining access to a triple-tax-advantaged investment vehicle with serious savings power. HSAs can be used to pay for just...
Apr 22, 2024 | Health Savings Account
If you’re facing a significant medical expense, and you don’t have enough money in an HSA to cover it already, I’ve got good news: The law allows every American taxpayer to make a once-per-life-time tax-free transfer (or “rollover”) from an IRA to an HSA. They...
Apr 22, 2024 | Health Savings Account, Lifetime Income
Putting too much money in your HSA can happen, but the IRS isn’t happy when it happens. In fact, you’ll be penalized for it unless you catch it and fix it. Here’s how to do that. HSA Contributions Have Annual Limits For 2024, you are only allowed to deposit $4,150 in...
Apr 16, 2024 | Alternative Therapy, Benefits of an HSA Plan, Health Savings Account
https://hsaforamerica.com/wp-content/uploads/2023/05/health-savings-accounts-and-chiropractic-care.mp3 Health savings accounts, or HSAs, are terrific tools for helping you pay qualified medical expenses of all kinds with pre-tax dollars. You can use your health...
Apr 16, 2024 | Health Insurance, Health Savings Account, Healthshare, Open Enrollment Period
Understanding Open Enrollment: It’s the specific time each year, typically from November 1 to January 15, when you can sign up for health insurance through the Health Insurance Marketplace, as established by the Affordable Care Act (ACA). This period allows for...