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Monday, July 22, 2024

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Supercharge Your Health Savings! Max Out Contributions and Save Big in 2025

The IRS has raised contribution limits for Health Savings Accounts (HSAs) to $4,300 for single coverage and $8,550 for families in 2025. HSAs offer triple tax advantages: tax-deductible contributions, tax-free growth, and tax-free withdrawals for medical expenses. To qualify, you must have a high-deductible health insurance plan.

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