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Tag Archives: health savings accounts

HSA Accounts Under Obamacare

A Health Savings Account (HSA) is designed to be a tax savings mechanism to promote individuals saving for necessary medical expenses by giving them a tax break at the time that a contribution is made. Individuals contributing to an HSA are able to use that money to pay for certain medical expenses on a tax-free […]

Are health insurance premiums tax deductible?

Having comprehensive health insurance coverage for you and your family gives you an invaluable peace of min*]d. When offered by an employer, health insurance is considered part of the compensation package. For decades, employers have offered lucrative health insurance plans to their employees to strengthen their labor force and attract a better quality staff. A […]

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