Blog tagged as Health Savings Account

You'll Be Able to Contribute More to Your HSA in 2024

05/22/2023 08:16 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
You'll Be Able to Contribute More to Your HSA in 2024
HSAs can be a powerful tool for reducing overall medical expenses and saving for retirement. Here are the 2024 contribution limits so you can take full advantage of them.

HSAs and Tax-Free Distributions

07/20/2020 11:10 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
HSAs and Tax-Free Distributions
When used for qualified medical expenses, owners of HSAs are able to take advantage of a triple tax free benefit: pre-tax contributions, tax-deferred growth, and tax-free withdrawals for qualified medical expenses.

Prioritizing Savings and Investments When You Have Excess Income

07/06/2020 11:08 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
Prioritizing Savings and Investments When You Have Excess Income
If you are in a situation where you spend less money than you bring in every month, you may be wondering what is the best thing to do with the excess cash. With numerous account types and even more investment options, how do you find the most optimal way to invest and save?

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