#15 - Health Savings Account Powerplay
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#15 - Health Savings Account Powerplay
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About this listen
There are good tax planning strategies and then there are great tax planning strategies. Today, we will discuss what I think is a great tax planning strategy – in the right situation and if properly implemented.
In this episode, Steve and Mel discuss the following:
- What is a Health Savings Account?
- What are the potential tax benefits (spoiler alert: it’s not small)?
- The pros and cons of an HSA?
- How to avoid mistakes in the implementation of an HSA.
Resources:
- Visit our Blog at Oasis Wealth
- For a list of qualified medical expenses, see IRS Publication 502.
- For a couple of Health Savings Account administrators, see Lively Website or HSA Bank Website. (We do not endorse them so please do your own due diligence.)
Want to speak to a fiduciary financial planner?
- Schedule an Introductory Call with Oasis Wealth
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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.