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Printing of large-denomination bills was discontinued in 1945 due to low demand - at that time the dollar's purchasing power was many dozens of times what it is today so there was very little need even for $100 bills, let alone $500 or $1000. (FWIW, the bills were printed up to 1945, but the last ones issued were under the existing 1934 series so they all carry that date.)
Today there are 2 reasons that it's unlikely new high-value bills will be printed.
First, the use of credit cards and electronic payments for large purchases means there still isn't much demand for high-value bills, even though inflation has caused prices to rise to a point where $100 bills are commonplace.
Second, the government is worried that new high-value bills would make it easier for criminals to transfer large amounts of money without leaving a trail. With the $100 bill as the highest denomination available, smugglers or drug runners who want to move large amounts of money are forced to handle huge quantities of paper making it more difficult for them to avoid detection.
However, the EU does issue €200 and €500 bills, so there is some speculation that the U.S. may eventually need to follow suit regardless.
What else can I help you with?
Does the US still use 1 million dollar bills?
No such bill ever existed. There was a series of $100,000 gold certificates that were used for Federal Reserve Bank transactions, but they were never circulated. The largest circulating bills were $500, $1000, $5000, and $10,000 bills, but these have not been printed since 1945 (in the 1934-date series) and are removed from use when they enter the banking system. The surviving bills often command a huge premium as collectible items. There are still tens of thousands of $500 and $1000 bills in public hands. The largest bill being printed now is the $100 Federal Reserve Note bearing the portrait of Benjamin Franklin. For images, see the related link.
Can you use FSA funds to pay for bills from the previous year?
No, you cannot use FSA funds to pay for bills from the previous year.
Can I use my HSA to pay for medical bills that are in collections?
Yes, you can use your Health Savings Account (HSA) to pay for medical bills that are in collections.
Can you use your HSA account to pay for medical bills that are in collections?
Yes, you can use your Health Savings Account (HSA) to pay for medical bills that are in collections.
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