Here's how to get a tax break on medical bills through an FSA or HSA, plus new 2025 contribution limits. Many, or all, of the products featured on this page are from our advertising partners who ...

So I set up an HSA last year to go along with my high-deductible health insurance from work. I have the HSA at the same credit union where the rest of my banking is done. The account is completely in ...

Form 5498-SA -- which shows the total amount of contributions made to an HSA from any source for the previous plan year (2018 in this case) -- will be available in mid-May. The form typically is not ...

If you have a Health Savings Account (HSA) or are thinking about one, the IRS has announced the new contribution limits for 2026. These annual inflation adjustments are designed to keep pace with ...

Medical expenses can take a big bite out of your wallet. A couple of special accounts, however, are good remedies for both your doctor and tax bills. A medical flexible spending arrangement is a ...

Health savings accounts (HSAs) offer a tax-advantaged way to save money to pay for certain medical expenses. Your HSA contributions are tax-deductible, so they help reduce your taxable income. But ...

HSA distributions for qualified medican expenses are tax deductible. But my HSA company last year sent me 1099 form and my tax preparer added that amount to my earnings and applied 10% tax in the 8889 ...

HSA Trustee Services and Core Documents, Inc have developed a HSA module for the Section 125 Premium Only Plan that allows the HSA savings component to be pre-taxed hsa Trustee Services a nationwide ...

With an HSA, you get to decide how much to spend and how much to save for retirement. It's possible to invest the funds in your HSA, allowing them to take advantage of compound interest. As long as ...

The first biweekly pay date for 2021 is today (Jan. 13). Benefit deductions for this payroll are a combination of late December 2020 and early January 2021, and insurance premiums will be prorated as ...