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13 Things You Might Not Know About Health Savings Accounts
Manage episode 360528688 series 2815037
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Health Savings Accounts don't often attract as much attention as Backdoor Roth IRA's or other tax savings strategies.
But HSA's can be a valuable piece of a lifetime tax reduction plan with better understanding and better execution of a long-term contribution and distibrution strategies
In this episode Dentists, Puns, & Money, Shawn Terrell shares the 13 Things You Might Not Know About Health Savings Accounts.
Listen to learn more about:
- How to calculate your maximum annual contribution to your HSA, based on your health insurance plan and your age.
- Why HSA's are often referred to as "triple tax advantage" accounts.
- How long someone can wait to reimburse themselves for medical expenses from their HSA.
Find out more about how our firm helps dentists exiting clinical with tax planning and income optimization by visiting our website, which is dentistexit.com.
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To download a free copy of the 2023 Tax Reference Guide, click here.
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