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Live Updates: Trump says Iran war will still take weeks, oil prices rise with no plan to open Strait of Hormuz CBS NewsU.S. bombs Iran's civilian infrastructure for first time after "Stone Ages" threat AxiosTehran's 'Hit-List' Of 8 Gulf Bridges After US Destroys The Biggest In Iran NDTVTrump warns Tehran ‘more to follow' after strike destroys Iran's largest bridge The Guardian
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Hegseth says he will let troops take personal firearms onto military bases CBS NewsHegseth Authorizes Off-Duty Service Members to Carry Private Firearms on Installations U.S. Department of War (.gov)Pete Hegseth allows troops to carry personal firearms on military bases theguardian.com
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The Trump administration is preparing to impose new tariffs on drugmakers that have not struck deals with the president to lower their U.S. drug prices.
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Dow closes lower as Trump comments dampen traders' hopes for Iran war ending: Live updates CNBCOil and Stocks Wobble After Trump Vows More Iran Strikes The New York TimesEnergy markets start tuning Trump out after repeated Iran war whiplash CNNU.S. crude on Thursday did something it's never done before as Iran war continues CNBC
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With candy prices up, here's how people are saving money while putting their Easter baskets together.
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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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The U.S. and many other large economies are set for a further slowdown this year, although there are signs of stabilization in China, according to leading indicators released by the OECD.
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