Results for: Health-savings-account

Why should you get health insurance when you have savings?

One of the main reasons is that the cost of health care may turn  out to be substantially greater than your savings.   As medical care advances and treatments increase, h (MORE)

Can a person have more than one Health Savings Account assuming they are eligible as long as their total contributions don't exceed the annual contribution limit?

  Answer   Yes, you can have more than one HSA but must limit your total contributions to the limit set by the IRS. ( See IRS publication 969. page 5)
Thanks for the feedback!

Who is accountable for health and safety in the workplace?

The employer. EVERYONE is accountable for Health and Safety. Management is responsible for providing workers with the necessary tools, training and protective equipment to per (MORE)
In Uncategorized

How do you open an online savings account?

Begin your new online savings account at the bank of your choice, online of course! You should be looking for a savings account with the highest interest rate you can find so (MORE)

Is a checking account or savings account better?

Ideally you should have one of each. Checking give you more access  to your money, but do not pay usually pay interest. Saving accounts  are designed for people to have an e (MORE)

Can a savings account be used with PayPal?

Sometimes is the answer. I had a savings account verified and part of that process is PayPal paying cash into the savings account. However, when I tried to pay money from PayP (MORE)
In Health

Which 2003 legislation allows tax deductions for amounts contributed to a health savings account?

The U.S. Congress created Health Savings Accounts (HSA) in December 2003 as part of the Medicare Prescription Drug, Improvement and Modernization Act of 2003. Section 1201 of (MORE)
In Health

How does a health care savings account work?

A healthcare savings account one can make tax deductible contributions to pay for current and future health care costs. With what is not used it will stay invested and will gr (MORE)