Is a Health Savings Account (HSA) right for you?

A Health Savings Account (HSA) can offer a great opportunity to save on insurance costs and create an investment nest egg.

But the fact is, an HSA isn’t right for everyone. That’s why it’s so important to read our new article titled Tax Tips: Seeing the HSA in Action for One Year.

Three ways our fact-filled article can help you:

1. We’ll go over the simple math with you. To know if an HSA is appropriate for your situation, it’s important crunch the numbers. We’ll do it for you in an easy-to-understand format. If you’ve ever wondered if and HSA makes sense for you, I urge you to read the full article.
2. You’ll learn why the HSA offers BIG tax advantages. You see, an HSA pays the out-of-pocket medical costs that you would otherwise lose to the 7.5% floor on itemized medical deductions. (A 10% floor for the Alternative Minimum Tax). Want to find out more? Read the full article.
3. We’ll explain how your employees can benefit from an HSA. Let’s say you have five employees. Each employee can have a separate high-deductible insurance policy and a separate HSA — and you, the self-employed person, can still have your separate high-deductible insurance and separate HSA. Get the whole story when you read the full article.