Changes to 2023 HSA Contribution Limits by Barbara Kempen | May 4, 2022 | HSAIn 2023, there are major increases to the HSA or Health Savings Account contribution limits. An HSA or Health Savings Account is a tax-advantaged investment account that can be withdrawn from for qualified medical expenses tax-free. The funds you deposit into an HSA...
Funding your HSA by Barbara Kempen | Apr 4, 2022 | HSADid you know you can still fund your 2021 health savings account until Tax Day on April 15th, 2022? A health savings account or HSA is a tax-advantaged bank account that is basically a medical IRA. You can invest your funds into stocks, bonds, and other investments...
New Qualified Expenses for HSAs, FSAs & HRAs by Barbara Kempen | Apr 22, 2020 | Affordable Health Insurance, Group Health Insurance, Health Insurance Brentwood, Health Insurance Pacific Palisades, Health Insurance Santa Monica, HRAsThe new CARES Act or Coronavirus Aid, Relief, and Economic Security Act expands the list of qualified expenses for HSAs (Health Savings Accounts), FSAs (Flexible Spending Accounts), and HRAs (Health Reimbursement Accounts). These accounts are funded by employees...