With tax season upon us, here’s a question to ask yourself. How tax-smart are you about your healthcare expenses?
Watch as Wade Brittingham explains how Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) may be two great ways to lower your tax bill with Uncle Sam each year — plus save money on out-of-pocket healthcare expenses. Wade explains:
1. What are HSAs and FSAs?
2. What are the tax benefits?
3. How can they help pay your out of pocket medical expenses such as co-pays?
4. Why aren’t these accounts used more frequently?
5.Who do you contact to open these accounts or begin contributions?