Health savings accounts are generally available to anyone who has an eligible high-deductible health insurance plan. In 2020, $3,550 is the maximum contribution for a single person, while $7,100 is the maximum for a couple or family. Plus, your HSA is more than a savings account — it also can act like an investment account. Since the money you put in an HSA rolls over from year to year, "you can use that account as another investment or like a retirement account," says Bera.
She continues: "And, when people hit that six figure mark, they're starting to think about having a family. This is a great time to start maxing out your HSA if you know you're going to be having a lot of out-of-pocket medical costs, like for labor and delivery."If you're making six figures, you're getting close to the income limit for a
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside the exclusive Super Bowl party where the Goldman Sachs CEO DJed - Business InsiderI got a last-minute ticket to an exclusive Super Bowl bash in Miami, where the CEO of Goldman Sachs was a DJ and Lil Jon and Sammy Sosa partied. Here's what it was like.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside Facebook's first ever Super Bowl commercial promoting Groups - Business InsiderFacebook is shelling out $11.2 million to run its first Super Bowl commercial. The company's CMO and ad agency Wieden and Kennedy told us how it came about. Just delete it.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Sneakerhead who made $350,000 reveals how to make money at Sneaker Con - Business InsiderSneaker reseller Jeremiah Jiang makes about $2,500 in just a few days at a Sneaker Con. Here are his top 6 tips for how to do it. Interesting business model.
Source: BusinessInsider - 🏆 729. / 51 Read more »
I signed up for SoFi Money, and now I love 3 other features, too - Business InsiderI signed up for SoFi Money for a good interest rate and a bonus, but I'm sticking around because SoFi offers an impressive suite of other products.
Source: BusinessInsider - 🏆 729. / 51 Read more »
10 things in tech you need to know today - Business InsiderJeff Bezos' girlfriend's brother is suing him, Apple shut down its Chinese stores due to coronavirus, and Uber suspended 240 accounts in Mexico. Jeff actually buys his clothes fromAmazon. 1 thing I do know people collapse in his warehouse because of exhaustion
Source: BusinessInsider - 🏆 729. / 51 Read more »