9 results tagged HSAs & FSAs
Medicare, HSAs and timing mistakes to avoid
Stopping HSA contributions before Medicare is critical to avoid penalties. Here’s what to know about timing, eligibility and common mistakes.
Can I Still Contribute to My FSA After Enrolling in Medicare?
Can I Still Contribute to My FSA After Enrolling in Medicare? In this episode of "Ask the Hammer," Jeffrey Levine from Buckingham addresses a question about Medicare and Flexible Spending Accounts (FSAs) for individuals working past the age of 65. The viewer, who plans to work until 70 and is covered under an employer's health plan, inquires about the necessity of giving up their FSA after enrolling in Medicare Part A.
Making Sense of FSAs When You Hit 65+
Many people approaching age 65 face a dilemma when it comes to flexible spending accounts (FSAs). Can you keep contributing to an FSA after enrolling in Medicare? Or do you need to give it up entirely? In this episode of Ask The Hammer, Jeffrey Levine, chief planning officer at Buckingham, clears up the confusion.
When to Stop HSA Contributions Before Medicare
Marcia Mantell of Mantell Retirement Consulting joins Lily Hamson to discuss the ins and outs of stopping contributions to an HSA before enrolling in Medicare.
HSA – Health Spending Accounts
Keith Whitcomb, RMA, Perky discusses the tax advantages of HSA's - Health Savings Accounts.
Dependent Care FSA vs Dependent Care Tax Credit
To offset a portion of the high cost of childcare, consider a Dependent Care Flexible Spending Accounts (DCFSA) and the Dependent Care Tax Credit. Adviser Danielle Harrison explains what to keep in mind.
IRA to HSA Rollover: A Hidden Retirement Strategy Explained
While an IRA-to-HSA rollover can help with health care costs, it's not for everyone. Learn if it's right for you.
Should You Use Your IRA to Fund Your HSA? Pros, Cons and Expert Insights
Did you know you can fund an HSA with IRA assets? This little-known rollover strategy offers tax-free growth for health care expenses.
Man vs. Machine: Protect Your HSA: The Dangers of Not Naming a Beneficiary
Get expert insights into the IRS rules for HSA inheritance when a beneficiary is missing.