One of the most common notices from the IRS that my clients receive relates to distributions from their Health Savings Accounts (HSA). It is important to properly report these distributions from the ...

(Washington, D.C.) – A new research report, “Health Savings Account Balances, Contributions, Distributions, and Other Vital Statistics, 2023: Evidence From the EBRI HSA Database,” published today by ...

In order to take advantage of HSAs, you'll need to understand how they work and the rules that apply. Health savings accounts (HSAs) are investment accounts that allow you to set aside pre-tax dollars ...

・Here's a list of which medical expenses are HSA-eligible and which aren’t. ・This matters so that you can avoid penalties on non-qualified HSA withdrawals. ・Make sure your HSA expense qualifies before ...

Paired with high-deductible healthcare plans, health savings accounts help ease healthcare costs. HSAs are a triple tax-advantaged vehicle in the tax code, allowing for pretax contributions, tax-free ...

With American retirees living longer, but likely requiring increased health care provision, the importance of ensuring that retirement planning includes health costs is clear. But while health savings ...

Health savings accounts (HSAs) are investment accounts that allow you to set aside pre-tax dollars for "qualified medical expenses" to pay for outlays not covered by your health insurance plan. By ...