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Tax Free Gym Visits And Swimming Lessons For Americans? House-Approved HSA Expansion Could Make It Happen, But Senate Isn't That Keen
Thursday, June 26, 2025 - 4:37am | 451House Republicans want to let Americans swipe their Health Savings Account cards at the front desk of their local gym, but the Senate isn't sweating the idea yet. What Happened: Under the House-passed "One Big Beautiful Bill Act," up to $500 a year, $1,000 for couples, spent on memberships or...
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20 Million More Americans Could Gain HSA Access Under Trump's 'Big, Beautiful Bill,' But It Won't Be Cheap
Friday, May 30, 2025 - 8:42am | 646Health Savings Accounts (HSAs) in the United States are set for their largest expansion since 2004. The House of Representatives has passed a bill that could extend the reach of these tax-favored accounts to an additional 20 million Americans. What Happened: President Donald Trump’s “...
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The Time Is Now To Get Your Tax Strategy Right For Retirement
Tuesday, February 22, 2022 - 4:59pm | 836By John L. Savarino Financial planning for retirement should always be a thorough and careful process. Fundamental to it is being cognizant of the many variables that can affect our income, investments, taxes and savings. Well, some of the key variables are volatile right now. Inflation has hit a...
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How to Get a Larger Tax Refund This Year
Wednesday, January 29, 2014 - 12:54pm | 923First, to be clear, the goal of any savvy taxpayer is not to get a large refund. It is to get no refund – while also owing nothing. In other words, the best outcome is to accurately predict your taxes and have that exact amount withheld over the course of the year, thereby avoiding providing...