The Consumer's Guide to Health Savings Accounts

The Consumer's Guide to Health Savings Accounts
Author: JoAnn Mills Laing
Publisher: ibooks
Total Pages: 252
Release: 2019-03-27
Genre: Business & Economics
ISBN: 1883283469

“Let’s get the consumer in the game. The idea behind HSAs is a ‘supercharged IRA’ for health care...No other program is as tax advantaged.” –John W. Snow, Treasury Secretary “...HSAs can drastically lower an employer’s costs of providing employee health benefits. This may allow more small businesses to offer such benefits.” –Fed Brock, The New York Times “These accounts give workers the security of insurance against major illness, the opportunity to save tax-free for routine health expenses, and the freedom of knowing you can take your account with you whenever you change jobs.” –President George W. Bush “Laing’s new book (The Small Business Guide to HSAs) lives up to its name...an excellent explanation of how HSAs work...” –Greg Scandlen, The New York Post The Consumer’s Guide to HSAs answers the question “What’s in it for Me?” But responsibility doesn’t stop there. You must read your medical reports, check statements, and count your pills carefully. Ask questions. Keep records for future use, and soon you will realize as much of the benefits of consumer-driven health care and HSAs as possible.

The Pocket Idiot's Guide to Health Savings Accounts

The Pocket Idiot's Guide to Health Savings Accounts
Author: Edie Milligan Driskill
Publisher: Alpha Books
Total Pages: 276
Release: 2006
Genre: Business & Economics
ISBN: 9781592574964

Simplifying and understanding health care in America. In 2004, Congress created Health Savings Accounts (HSAs) with the intention of putting the brakes on runaway health care costs. The concept was simple: Get people to start thinking about health care expenses the same way they think about other goods and services they buy. But what started as simple idea has proven to be difficult for many to understand and implement. This book simplifies HSAs and their corresponding HDHPs for business owners and managers alike. • Covers how HSAs and HDHPs work, the pros and cons of them, how to install them, strategies for getting the most out of them, and how paychecks and taxes are affected • U.S. health care costs were nearly $1.7 trillion in 2003. • According to a national survey, 81% of large and 78% of small companies are considering implementing HSAs by 2006

A Guide to Health Savings Accounts, and a Plea for Practicality

A Guide to Health Savings Accounts, and a Plea for Practicality
Author: Todd F. Maynes
Publisher:
Total Pages: 0
Release: 2004
Genre:
ISBN:

In this article, the authors describe certain interpretive issues raised by the newly enacted HSA rules, and make suggestions as to how these issues can be resolved by the IRS in a manner that supports the legislative goals underlying these new rules and helps ensure that HSAs will be successful. Their principal suggestion is that the IRS must interpret the HSA rules in a way that is consistent with common practice (and common sense) for health care plans. While the HSA rules clearly do require high-deductible health plans, the HSA rules do not require that insurers and employers change the core mechanics of their health plans in ways that will make HSAs unattractive to most people. If the IRS goes beyond merely requiring an increase in deductibles and requires other changes to the way health plans operate, the authors submit that HSAs will not be broadly accepted by consumers in the marketplace and financial institutions are unlikely to even offer HSA accounts.

The White Coat Investor

The White Coat Investor
Author: James M. Dahle
Publisher: White Coat Investor LLC the
Total Pages: 160
Release: 2014-01
Genre: Business & Economics
ISBN: 9780991433100

Written by a practicing emergency physician, The White Coat Investor is a high-yield manual that specifically deals with the financial issues facing medical students, residents, physicians, dentists, and similar high-income professionals. Doctors are highly-educated and extensively trained at making difficult diagnoses and performing life saving procedures. However, they receive little to no training in business, personal finance, investing, insurance, taxes, estate planning, and asset protection. This book fills in the gaps and will teach you to use your high income to escape from your student loans, provide for your family, build wealth, and stop getting ripped off by unscrupulous financial professionals. Straight talk and clear explanations allow the book to be easily digested by a novice to the subject matter yet the book also contains advanced concepts specific to physicians you won't find in other financial books. This book will teach you how to: Graduate from medical school with as little debt as possible Escape from student loans within two to five years of residency graduation Purchase the right types and amounts of insurance Decide when to buy a house and how much to spend on it Learn to invest in a sensible, low-cost and effective manner with or without the assistance of an advisor Avoid investments which are designed to be sold, not bought Select advisors who give great service and advice at a fair price Become a millionaire within five to ten years of residency graduation Use a "Backdoor Roth IRA" and "Stealth IRA" to boost your retirement funds and decrease your taxes Protect your hard-won assets from professional and personal lawsuits Avoid estate taxes, avoid probate, and ensure your children and your money go where you want when you die Minimize your tax burden, keeping more of your hard-earned money Decide between an employee job and an independent contractor job Choose between sole proprietorship, Limited Liability Company, S Corporation, and C Corporation Take a look at the first pages of the book by clicking on the Look Inside feature Praise For The White Coat Investor "Much of my financial planning practice is helping doctors to correct mistakes that reading this book would have avoided in the first place." - Allan S. Roth, MBA, CPA, CFP(R), Author of How a Second Grader Beats Wall Street "Jim Dahle has done a lot of thinking about the peculiar financial problems facing physicians, and you, lucky reader, are about to reap the bounty of both his experience and his research." - William J. Bernstein, MD, Author of The Investor's Manifesto and seven other investing books "This book should be in every career counselor's office and delivered with every medical degree." - Rick Van Ness, Author of Common Sense Investing "The White Coat Investor provides an expert consult for your finances. I now feel confident I can be a millionaire at 40 without feeling like a jerk." - Joe Jones, DO "Jim Dahle has done for physician financial illiteracy what penicillin did for neurosyphilis." - Dennis Bethel, MD "An excellent practical personal finance guide for physicians in training and in practice from a non biased source we can actually trust." - Greg E Wilde, M.D Scroll up, click the buy button, and get started today!

HSAs

HSAs
Author: William G. Stuart
Publisher:
Total Pages: 0
Release: 2019
Genre: Business & Economics
ISBN: 9781942155225

Whether you're a current or prospective HSA owner. . . a financial, investment, or retirement advisor . . a benefits advisor . . . or a human resources professional, this book is a must-have addition to your library. And the information that it contains is invaluable to your financial future.You'll read about the opportunity that HSAs provide to maximize medical equity in retirement. You can save for retirement medical expenses in a traditional retirement account, but you won't maximize your spending power unless those funds are in a tax-perfect HSA.Turn to this book for thorough information and tips tohelp you answer such questions as:¿ "What are the financial benefits of owning an HSA?"¿ "What makes an HSA the tax-perfect account?"¿ "How do HSAs compare with traditional and Roth401(k) plans and IRAs?"¿ "How can I (or my client) maximize the opportunity?"¿ "What is medical equity?"¿ "What considerations should drive my (or my client's)Medicare enrollment timing?"¿ "What are the most common HSA compliance risks?"