Health Savings Accounts offer you tax breaks and more. Why do people open up Health Savings Accounts in tandem with high-deductible insurance plans? Well, here are some of the compelling reasons why younger, healthier employees decide to have HSAs. #1: Tax-deductible contributions. These accounts are funded with pre-tax income. Your annual contribution limit to an [...]

You Can Use Your Flex Spending Account for Eyecare. Many employers offer flex spending plans to their employees as a benefit to help reduce Uncle Sam’s tax bite. A medical flex account is an employer-provided benefit that allows you to contribute a set amount from your paycheck in order to cover out-of-pocket medical, dental, and [...]