Don't miss out on tax savings!
Did you know you can decrease your reported income by contributing to your HSA?
It's simple. The more contributions you make to your health savings account, the
less income you report to the IRS. The result? Greater tax savings! Contributing is easy. And remember, you have until April 15, 2020 to make
contributions to your HSA for the 2019 tax year. If you're not already contributing the
maximum amount for 2019, two convenient options are available:
- Direct deposit: Increase your per-pay-period HSA contribution (the amount
that is withdrawn pre-tax from your paycheck if available).
- Funds transfer: Make a one-time contribution from a checking or savings
account. Although these are post-tax dollars, you can claim a tax deduction at
filing time.
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