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Live Updates: Trump Targets Birthright Citizenship Again in New Executive Orders The New York TimesTrump again tries to curb birthright citizenship and ‘birth tourism' through executive action CNNAfter Supreme Court loss, Trump again targets birthright citizenship with new orders Los Angeles TimesACLU blasts Trump's new orders on birthright citizenship, saying they are doomed to fail in court- as it happened The Guardian
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In Upset, Andy Ogles Loses to a Republican Challenger in Tennessee The New York TimesLive results: Rep. Andy Ogles falls to GOP challenger in Tennessee primary The Washington PostTrump comes up short with Ogles in Tennessee: 3 takeaways from Thursday's primaries thehill.com
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Young families are striving to do better but struggling with costs of living, including expensive childcare.
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The company said it added 280,000 digital subscribers in the second quarter, fewer than the previous quarter.
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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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