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Why Some Business Owners Prefer Individual HSAs

September 21, 2023

“Why Some Business Owners
Prefer Individual HSAs”

To get my complete, FREE article
with all the details…

Are you a business owner with fewer than 50 employees?

Don’t want to provide health coverage to your employees?

Then an HSA (Health Savings Account) may be a great alternative to consider.

HSA basics.

To have an HSA, you first need high-deductible health insurance. Once you have the insurance, you can contribute to the HSA, a unique savings-retirement-medical payment account.

The write-off for HSA contributions is an above-the-line deduction. This means you can take the write-off whether you itemize or not. More good news: you don’t lose the HSA contribution privilege if you are a high earner.

Here’s just some
of what I’ll cover in my new article.

  • A big exception you need to know about
  • How to use the HSA money
  • Three warnings you should know about before you open an HSA
  • HSA investment options and providers
  • And much more

Let’s face it. The subject of HRAs is a complex one.

That’s why you need to read my new article. You’ll get all the information you need when you…

CLICK HERE and read my completely new article titled:

“Why Some Business Owners
Prefer Individual HSAs”

Filed Under: Employees, Fringe Benefits, Medical (for 105 plans see Section 105 medical plan), Tax Planning

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