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What We Know About the F-15E Strike Eagle Shot Down by Iran The New York TimesDowned jets puncture Trump's and Hegseth's claims of air invulnerability CNNUS continue search for missing crew member as Iran offer reward to capture am BBCIran war live: Tehran downs 2 US warplanes; Israel bombs Lebanon bridges Al Jazeera
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Iran and US race to find missing American crew member downed in fighter jet - reports BBCU.S. fighter jet shot down: One crew member rescued, other alive in Iran, sources say AxiosLive updates: US and Iran race to find crew member from downed F-15 jet CNNIran fires more missiles at Israel, celebrates downing of 2 US warplanes Al JazeeraU.S. fighter jet downed over Iran, one pilot rescued, official says NBC News
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2 U.S. planes are down and Iran hits Gulf refineries as the war wraps its 5th week NPRThe Last Molecule Standing Shanaka Anslem Perera | SubstackIran Takes Aim at the Industries Behind the Gulf's Pivot From Oil WSJTehran Strikes Gulf Energy Sites As Trump Warns US 'Hasn't Even Started' To Destroy Iran Radio Free Europe/Radio Liberty
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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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