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Having a Baby? Use Your Pre-Tax Funds to Save

Benefit Resource Inc.

Fortunately, one great way to help with out-of-pocket costs is utilizing a Health Savings Account (HSA). Since we had contributed pre-tax to our HSA before birth our take home pay was lower. you can also use your saved HSA funds on qualified medical expenses. Revisit your Savings Goals.

Taxes 72
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9 Nontaxable Employee Benefits for Maximizing Your Income and Workplace Satisfaction

Empuls

By reducing the taxable portion of their income, employees can effectively increase their take-home pay. This allows them to allocate more funds toward their financial goals, whether it be saving for retirement, paying for education, or meeting daily expenses. Tax savings for employers.