Sentences with phrase «big medical expense»

You can still be on the hook for big medical expenses, lost luggage or cancelled flights — even if you think you're already covered.

Some are surrendered by owners who are financially unable to take on big medical expenses when their pet becomes sick or injured.

Americans can still deduct big medical expenses.

Here is its intended purpose: an HSA is designed to help folks with a High Deductible Health Plan (a $ 2,500 annual deductible or more) create a savings buffer to pay for big medical expenses.

Amy Hubble, a certified financial planner, said HSAs can be a powerful retirement - savings vehicle for younger people and those without children, who typically don't have big medical expenses and are able to let their balances compound over long periods.

They are also ideal for accumulating a cash reserve fund, where funds can be easily accessed for emergencies, such as a major car repair or a big medical expense.

Sometimes it's necessary to get a loan to cover taxes or big medical expenses.

Whether it's the loss of a job, a big medical expense, or a major car or home repair, we can all expect a major expense at some point.

Thus, this couple might save taxes by filing separately, because one spouse's big medical expenses might be deductible on a separately filed return but could be reduced, or even eliminated, on a joint return.

When you're away from home, even a small accident or sudden illness can become a big medical expense.