offers major tax advantages along the way, explains financial planner Carrie Schwab-Pomerantz in a Business Insider article.
You need to be enrolled in a high-deductible health plan to contribute to an HSA, but they never expire. You can use the funds for qualified health costs at any time and continue to grow the money, even if you don't enroll in a high-deductible plan later. In 2020, you can contribute up to $3,550 as an individual or $7,100 for family, plus a $1,000 catch-up contribution if you're over 55.
"Time is, of course, a key factor in taking full advantage of the investment growth potential of an HSA," Schwab-Pomerantz wrote. "So depending on your age, your HSA could be aor maybe even a retirement account just for healthcare when you reach those golden — yet often costly — years." She continued: "To me, the benefits of HSAs generally far outweigh the negatives but, as always, do your homework."
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
The inside story of what went wrong at robotics startup Zume Pizza - Business InsiderAlex Garden founded Zume Pizza with a bold vision of harnessing a robot army and upending an industry. But the revolution didn't go according to plans. How a (probably) good articles stays unread, unengaged, uncommented, and unshared, behind a PayWall. SorryNotSorry IfISubscribeWillTheArticleBeAdFree? NoThanks
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »
How biotechs can prove to insurers they should cover new drugs - Business InsiderBiotech executives at the BIO CEO conference in New York told Business Insider what companies need to do to successfully launch new treatments.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »
Cashless stores once looked like the future of shopping - Business Insider'Retailers want to meet the customer where they're at for a payment option,' Federal Reserve cash product expert Alex Bau told Business Insider. It will never BE!!!
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »
Wuhan coronavirus: London patient took Uber to hospital against advice - Business InsiderThe coronavirus patient in London showed up at the hospital in an Uber, and health officials say it's a sign people aren't following advice to contain the virus How else were they going to get there? The tube? On foot? Any way they managed it - they can’t avoid people. If they avoided the tube then they did well
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »
Yelp's new ad products will benefit from 5G - Business Insider - Business InsiderAs carriers launch commercial 5G networks, Yelp is positioning itself to take advantage by providing ad products that leverage mobile location data
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »
Physician adoption of digital health tools spikes - Business Insider - Business InsiderAn American Medical Association study showed that physicians' use of digital health solutions increased in every category over the past three years.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »