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Archive for April 2024

What You Need To Know About Health Savings Accounts

By Brightworks Financial Planning | 04/02/2024
A doctor holding a piggy bank in front of him.

The Health Savings account, also known as an HSA, is available to those with a high deductible health plan (HDHP). This is a very versatile account that can be funded pre-tax (often with an employer contributing a certain dollar amount per year), grows tax-deferred and can be distributed tax-free as long as the money is…

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