In the guide addressing COVID-19 (the disease resulting from the 2019 novel coronavirus), the I.R.S. has removed some barriers to testing and treating COVID-19 according to the Health...
Posted by Unifirst Financial & Tax Consultants on 10/21/2020
The Internal Revenue Service recently published new, higher contribution limits for health savings accounts for 2021. An individual is allowed to contribute $ 3,600, while it is $...
Posted by Carmen Garcia on 10/15/2020
Thanks to the Internal Revenue Service's (IRS) cost-of-living adjustment, you can save more money on retirement plans and health savings accounts (HSAs) by 2020. This year, good...
Posted by Elliot Kravitz, ATP on 10/14/2020
Contributing to a health savings account or HSA before you retire can provide various benefits after you turn 65. These plans typically cover just qualified medical expenses, which...
Posted by James Wells EA MBA Tax Office on 03/19/2016
Planning for your retirement is a big deal. You want to make sure that you have enough money to stay comfortable with for a long time, but you still need to be comfortable while you...
Posted by Johnson, Johnson & Associates, Inc. on 03/23/2016
After retiring, medical expenses can mount. Without the benefits of health insurance, a health savings account or HSA can reimburse you for a variety of qualified medical expenses...
Posted by Johnson, Johnson & Associates, Inc. on 03/23/2016
A health savings account or HSA provides the ability to be reimbursed for a variety of medical expenses with tax free dollars. However, the benefits of the HSA continue after you turn...
Posted by Larry Gurewitz on 03/18/2016
Health Services Accounts (HSAs) are medical savings accounts that enable people to save for future medical care while finding some reprieve on their taxes. Contributions to these accounts...
Posted by Paul Vanderbosch CPA LLC on 02/19/2016
You have been putting money away for years. You wanted to be prepared in case there were some emergencies so you wouldn’t have to come up with a lot of money out of pocket. But many...
Posted by Patrick O'Hara, EA on 02/19/2016
