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HSAs Get Even Better
Financial Planning A health savings account is a powerful, tax-advantaged tool to cover out-of-pocket medical expenses and a smart way to save for medical expenses in retirement. New rules in 2020 let HSAs and flexible spending accounts (FSAs) cover even more of your health expenses.
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IRS Allows Mid-Year Changes to Health Plans, Expands FSAs and More
taxes The added flexibility should help workers deal with unexpected medical and dependent care expenses from the coronavirus outbreak. But not every employee will benefit from the new IRS rules.
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Best Health Savings Accounts for Your Money
savings If you use money outside of the HSA to pay medical bills now, you can build up cash tax-free for future medical expenses.
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