Tax benefits of an HSA

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Gotta love those tax savings with an HSA! When we break down the tax savings, an HSA can actually give you more bang for your buck than a traditional 401K or IRA can!

When you contribute to a 401K or IRA, you receive tax deductions on your Federal and State taxes, but you still have to pay FICA taxes!

In contrast, contributions to an HSA are completely tax free (including FICA taxes)! Additionally, when you use the funds for qualified medical expenses, you will still pay no taxes!!

Make sure to check the link in bio to watch the full Youtube video diving into HSA’s!
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