HSA Explained: Health Spending Accounts Benefits
Update: 2024-10-01
Description
Cameron and Scott dive into an important tax strategy tailored for business owners: Health Spending Accounts (HSAs). This easy-to-implement, tax-free benefit can be a game-changer for both employers and employees when it comes to covering health-related expenses. Cameron and Scott break down how HSAs work, their tax advantages, and how business owners can use corporate dollars to cover personal and employee health expenses—without upfront costs.
They also share insights on maximizing this benefit for recruiting and retention, all while giving a real-life example of the impact HSAs had on Scott’s personal experience.
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