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Barring a rapid deterioration in the labor market or a significant cooling of inflation, the Federal Reserve appears poised for an extended hold.
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The data analytics giant joined Apple, Amazon, and other tech firms in a growing exodus to Florida.
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U.S. Military Moves Into Place for Possible Strikes in Iran The New York TimesCarrier USS Gerald R. Ford Sailing in the Atlantic, Headed for Strait of Gibraltar USNI NewsTrump moves closer to a major war with Iran AxiosU.S. Gathers the Most Air Power in the Mideast Since the 2003 Iraq Invasion The Wall Street JournalTrump faces a major Iran decision: From the Politics Desk
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Texas Congressman's Aide Told Co-Worker of Affair Before Killing Herself The New York TimesGonzales should have been honest with public. No recommendation in GOP primary. San Antonio Express-NewsMonths before death by suicide, aide texted colleague she had an affair with her boss, Rep. Tony Gonzales CBS NewsAttorney: US Rep. Tony Gonzales had affair with aide who died by suicide KSAT
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Investing for an entity other than yourself can be tricky, especially if you're doing it as a group.
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Misperceptions about the reach and durability of competitive advantage are hurting many companies' profits. Five rules can help organizations maximize their edge over peers.
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Too many young professionals are leaving Uncle Sam an enormous tax gratuity. How are they doing this? By not taking full advantage of the triple tax benefits of a health savings account. I've yet to meet anyone who wants to pay more taxes. Many do not mind paying their fair share, but they do not want to leave a tip.
SEE MORE ‘I Can't Retire - I Need Health Insurance'
An early to mid-career professional with a high-deductible health plan (HDHP) could be missing out on six figures of lifetime tax savings. With open enrollment for health insurance around the corner, it's time to understand and utilize the benefits of your HSA.
What Qualifies as a High-Deductible Plan?
For 2023 a high-deductible health plan is defined by the IRS as one with a deductible not less than $1,500 for self-only coverage or $3,000 for family coverage, and for which the annual out-of-pocket expenses do not exceed $7,500 for self-only coverage or $15,000 for family coverage. Healthy young professionals are prime candidates for an HDHP. That is because many of them need minimal medical care; they visit the doctor annually and have no or few drug prescriptions.
Because their medical expenses are low, money contributed to a health savings account can be used to generate significant tax savings while also building a large health care nest egg.
What Are the Triple Tax Benefits of HSAs?
Contributing to a health savings account provides a triple tax benefit:
First, anyone who
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