HSAs get boost
The tax and trade bill that President Bush recently signed into law includes a provision that expands tax breaks for health savings accounts.
The tax and trade bill that President Bush recently signed into law includes a provision that expands tax breaks for health savings accounts. The new rules, which took effect Jan. 1, allow a taxpayer to save $2,850 for single coverage and $5,650 for family coverage in an HAS, regardless of the plan’s deductible.
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