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Department of Eds sent out a notice saying, "Hey everyone, you've got 90 days to switch into a new repayment plan."
Is it a scare tactic? Is it real?
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We've shared this bad news with many clients down through the years. It's always disappointing, but good that we catch it usually by within the first year of setup, or sooner.
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The main thing I hope you will take away from this video is this:
1️⃣ You do not have to spend your HSA contributions right away. If you don't need them now, save them for later.
2️⃣You can invest your HSA funds and earn tax free investment income. This increases your net worth and becomes a source of income should you become ill and/or during your retirement years.
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LATEST BLOG POSTS
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- 2023 Tax Year Greetings VideoI wanted to drop this greetings and info video to you as a little something to help us all prepare to conquer this tax season. Between this video, information on my tax services web page, and the email message sent on January 27, we should be ready to start preparing for tax season. Check out… Read more: 2023 Tax Year Greetings Video
- 2022 Tax Season Wrap-up!It’s April 16, 2023, and I have just about wrapped-up this years tax returns for on-time tax filings! Thank you, everyone, who met the timelines to get all of your documents to me, questions answered, documents signed, and payments made. It’s been a GREAT tax season! THANK YOU! Some Things To Know Wishing you the… Read more: 2022 Tax Season Wrap-up!