Here’s surprising news…
Sometimes it’s smart, moral, and perfectly legal to discriminate.
That’s right. If you operate your business as a proprietorship, S corporation, or single-member LLC, the Health Savings Account (HSA) gives you the ability to discriminate, on your behalf, when it comes to benefits. To put it simply, you don’t have to contribute to an HSA on behalf of your employees if you know the law.
You’ll get the whole story when you read my new article titled Tax Tips: How the Business Owner Can Discriminate with the Health Savings Account?
Three ways our fact-filled article can help you:
- You’ll learn about other benefits you can get from an HSA. You can also get the HSA’s front-end tax deduction, tax-deferred growth, and you won’t have to pay taxes on withdrawals used for medical expenses! We’ll give you the facts when you read the full article.
- We’ll tell you how to avoid triggering nondiscrimination rules. If you decide you do want to contribute on behalf of employees, you’re free to do so but you must follow nondiscrimination guidelines called “HSA Comparability Rules.” These rules are complex but we’ll explain them in easy-to-understand language when you read the full article.
- We’ll list the eight (BIG!) benefits an HSA has to offer. It’s worth checking out our new article for this information alone. Don’t miss it! I promise you’ll get extremely important information when you read the full article.