It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used ...
Some tax forms have worksheets to reconcile differences. For example, you may receive 1099-SA reporting HSA distributions but if you made withdrawals for qualified medical expenses they're not ...
Dear Liz: Can I contribute additional money to my health savings account, above the amount I’m contributing through payroll deduction? Also, I have an HSA account from a previous employer and ...
Medical expenses are a part of life and can arise at any time. According to the American Medical Association, the average ...
Let's explore how to create a medical nest egg with a look at HSA contribution limits, tax benefits and the expenses that qualify for tax-free HSA funds. An HSA is a tax-advantaged investment ...
The complex rules for Medicare and health savings accounts lead to many client questions. Here are answers to some of the most common ones.
The tax advantages of an HSA are the single biggest benefit of this ... While HSAs are not without downsides -- in the form of eligibility restrictions, potential fees, and a 20% penalty imposed ...