Money Talk

MAY 18, 2022

In an earlier blog post , I described 12 tax planning topics for 2022. To do this, file a new W-4 form or make larger estimated payments. Also consider some savings in taxable and/or tax-free accounts so you have tax diversification (i.e., Take time now to research potential account custodians.

Taxes 262

Taxes 401(k) Deductions Deductible 262

WEX Inc.

MARCH 7, 2023

We wanted to share a few tips and reminders about the health savings account (HSA) information you’ll need for your tax return. Make sure your W-2 form shows HSA payroll contributions Provided by your employer, your W-2 shows the wages you earned and any taxes withheld. You'll need this form when filing your taxes.

Taxes 98

Taxes Health Savings Account Deductions Deductible 98

InterWest Insurance Services

JUNE 8, 2023

The IRS has raised the maximum amount people can funnel into their health savings accounts by 7.8% Many plans also have investment options for the funds to help savers further grow the account. If you contribute to their HSA with after-tax money, they can deduct your contributions during tax time on Form 1040.

Deductions 52

Deductions Deductible Health Savings Account Medical 52