Self-employed individuals, such as small-business owners and independent contractors, are always looking for ways to reduce their tax bill and better manage healthcare costs. One often overlooked ...
Both a HSA and a 401(k) are for tax-advantaged savings—the former for health expenses only, and the latter for retirement.
The Internal Revenue Service (IRS) defines four criteria to be an "eligible individual" for making contributions to a Health Savings Account (HSA): The individual is covered by a qualified high ...
A health savings account (HSA) is a tax-exempt account that helps you save and pay for qualified healthcare expenses. To open and contribute to an HSA, you must be actively enrolled in a qualifying ...