by Stephen Griffin | Jan 17, 2022 | Tax Accounting
Take Advantage of Health Savings Accounts for Retirement Savings A health savings account (HSA) is a specialized savings account to help save and pay for medical expenses for someone who has a high-deductible health plan, but with some thoughtful planning, an HSA can...
by Stephen Griffin | Aug 23, 2021 | Accounting for Business, Accounting for Credit Unions, Tax Accounting
Health Savings Account Limits Increased for 2022 Many credit unions offer a Health Savings Account (HSA) to their members, which allows saving for medical needs; and as an added incentive, contributions to an HSA can be deducted on federal income tax returns. ...