Monthly Archives: May 2016

You can sock away more in your HSA next year

Health Savings Accounts

Health savings accounts are a great way to save for medical expenses. An HSA allows the employee to payroll deduct pre-tax dollars into a special bank account that can only be used for medical spending.  In 2017, the amount that can be saved will increase to $3,400 for self-only coverage (a bump of $50 over 2016) and $6,750 for family coverage-unchanged from 2016.…

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