Month: May 2020

UPDATE: Health Savings Accounts 2022 Amounts. The IRS recently released the 2021 inflation-adjusted Health Savings Accounts contribution limits. HSA Basics A Health Savings Account (HSA) is a trust created or organized exclusively for the purpose of paying the “qualified medical expenses” of an “account beneficiary.” An HSA can only be established for the benefit of … Continue reading “IRS Releases 2021 Amounts for Health Savings Accounts”