Health Savings Accounts What are they? HSAs are tax-advantaged medical savings accounts available to taxpayers who are enrolled in an HSA-qualified high-deductible health plan. The funds contributed to the account are not subject to federal income tax at the time of deposit. Unused amounts in one year can be carried over to following years and […]
Author Archive | Parks
The Supreme Court and Healthcare Reform
When clients ask us how the Patient Protection and Affordability Care Act is going to affect them and their health insurance policies we often are forced to tell them “I don’t know”. Â Unfortunately there are still many questions about how this law will be implemented and these questions leave most of us confused. Â We all […]
Underinsuring Your Life
Most people who have dependents who rely on their income realize they need life insurance but most don’t take a deep enough look at how much insurance is appropriate. One common mistake people make when planning their life insurance is thinking the small policy they get through work is sufficient, but most employers don’t provide […]