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Tuesday, May 31, 2016

Make HSA contributions for remainder of year

For those of you who have HDHP medical coverage, I suggest making out of pocket contribution to your HSA for the balance of the year, when paycheck deduction will not occur. This will reduce your tax burden for 2016, as well as preserve a larger portion of your gross income for a worthy cause (paying for future medical expenses and insurance premiums).

Advice from
--Dr. Flywheel

1 comment :

  1. Note that you have until Apr 15 of 2017 to make contributions for 2016.

    ReplyDelete

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