#005 – Become eligible for a Health Savings Account (HSA) per IRS regulations in four easy steps.
See the link for IRS Publication 969 for more on 2021 rules: https://www.irs.gov/publications/p969
HSA contributions and High Deductible Health Plan deductibles and out of pocket costs all have new limits for 2021. More detail can also be found in Publication 969.
Qualifying medical expenses according to the IRS can include the following:
Find your tax rate for 2021! https://www.irs.gov/newsroom/irs-provides-tax-inflation-adjustments-for-tax-year-2021
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Next up is giving thanks for the opportunity to save our hard-earned money so we can take care our families and ourselves. The Thanksgiving week podcast will give you a real world example of how the HSA/HDHP will save on your premium and over all costs!