HSAs are tax-advantaged savings accounts for medical expenses that can accumulate funds through contributions. They can be ...

How Brenton Harrison, founder of New Money New Problems, is talking to his clients about maximizing their FSA accounts.

The good news is that over-the-counter allergy medication qualifies for an FSA. So do many other types of over-the-counter ...

Anyone with a qualified high-deductible health insurance plan can open a health savings account, also known as an HSA. Money deposited into these accounts is tax-deductible and can be used tax-free to ...

You can use a healthcare flexible spending account (FSA) to help pay for prescription medications approved by the Food and Drug Administration (FDA). You can also use it toward prescription eyeglasses ...

Joy Taylor: Yes. Taxpayers who itemize on Schedule A can deduct qualifying medical expenses to the extent that the total ...

as a self-employed freelancer or business owner if you have a qualified high-deductible health plan. An HSA can help self-employed individuals save money on out-of-pocket healthcare expenses, such as ...

Under the federal government's recently passed CARES Act, a number of common over-the-counter products were permanently added as eligible expenses for the health care flexible spending account, or FSA ...

When it comes to health insurance, it's essential to know what each plan covers. Thatch delves into the nuances of Health Reimbursement Arrangements, or HRAs, Qualified Small Employer Health ...

Record inflation is impacting all aspects of federal employees’ lives, including higher Federal Employees Health Benefits Program premiums. With an 8.7% average increase in enrollee share, the largest ...

Participants should refrain from using their account-based plans from paying for OTC tests upfront and then seeking reimbursement from their health plan. To ring in the New Year, President Biden ...

Anyone with a qualified high-deductible health insurance plan can open a health savings account, also known as an HSA. Money deposited into these accounts is tax-deductible and can be used tax-free to ...