You don't need to itemize to save on taxes in 2026. These 13 overlooked deductions and adjustments can lower your taxable income and reduce what you owe.
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 ...
Both plans will likely fail in the Senate later this week. With the deadline to address expiring enhanced Affordable Care Act tax credits fast approaching, Senate Majority Leader John Thune announced ...
[nyp_video player="SPdDOYds" platform="jw-player" playlist="W5xXwQyA" playlisttype="dynamic" placement="true" jwpropertyid="XDErnc08" /] Searching for smart ways to use your leftover FSA or HSA funds?
Amid the current Obamacare fight plaguing Congress, Rep. Eric Burlison, R-Mo., envisions a new kind of program that could help users purchase health insurance — and steak — similar to health savings ...
Many employees receive a Health Savings Account through their workplace benefits, but plenty of people still aren’t sure how these Some confuse HSAs with FSAs and worry their balance disappears at the ...
An HSA can be a great way to pay for prescription drugs plus a wide array of over-the-counter items. It’s critical to know what’s considered a qualified medical expense to be sure you use your funds ...
The CARES Act allowed for more OTC drugs and health supplies to be FSA and HSA eligible. Examples of medications eligible for FSA and HSA include: acetaminophen (Tylenol), Monistat, Nasacort, Dayquil, ...
As employers face growing pressure to cover costly GLP-1s for weight loss, an expansion of health savings accounts (HSAs) may be the best hope to satisfy massive consumer demand for this emerging drug ...
Your Health Savings Account (HSA) is more than just a medical fund — it’s a powerful investment vehicle for your financial future. But are you clear on the rules that protect its unique "triple tax ...
Ivanna Hampton: Hi, I’m Ivanna Hampton for Morningstar. Health savings accounts offer a tax-efficient way to save for medical costs. Morningstar analyzes the HSA landscape and rates top providers.
The money in a health savings account (HSA) can roll over from year to year. By investing the money in it, you can use your HSA like you would any other retirement account. HSAs are tax-efficient in ...
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