This book makes it easy and presents all you need to know about how to set up and use an HSA: complicated subjects like how to use an HSA to reduce your tax burden, how to use an HSA as a retirement vehicle, how to avoid tax penalties when using it, how to calculate your share of major medical expenses and what records to keep and how are presented.
The author is a licensed insurance agent in the State of Colorado, with additional State certification in the Insurance Marketplace and decades of experience who teaches on the subject at Western Colorado Community College.
Contents:
2 Kinds of HSA's
Why Get an HSA? Tax Benefits
2 Kinds of HSA Bank Accounts
3 Parts of an HSA Insurance Plan
What Can You Spend Your HSA Money On?
What Happens When You're Older than 65?
How Much Can You Contribute to an HSA?
What Preventative Care is Included for Free?
How to Use the HSA's
Record Keeping and Tax Form
Where Can You Learn More About HSA's?