HSAs

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Still Time to Make 2023 IRA and HSA Contributions

As we approach the filing deadline for 2023 individual tax returns, we want to remind you that there is still time to make contributions to your Individual Retirement Account (IRA) and Health Savings Account (HSA) for the 2023 tax year. The IRS allows contributions for a given year anytime between…

April 2, 2024

Is an HSA Right for You?

What is an HSA? As Health Savings Accounts (HSA) become more popular, you may ask the question, “what is an HSA?” An HSA is a health account that is used for qualified medical expenses. Common examples of qualified medical expenses include dental care, glasses, prescription medication, insulin, and so forth.

October 9, 2023

Contribute to an HSA, Not a 401K

Why would I suggest contributing to a Health Savings Account (HSA) instead of a 401(k) retirement account? It is simple, HSAs provide “triple-tax-free” benefits on qualified medical expenses plus you can treat the account like a “sleeper retirement account” once you reach age 65. Hold on, don’t reach for the…

January 13, 2020