Sentences with phrase «qualified health care expenses»

You can pay for qualified health care expenses on a tax - free basis and retain greater control and flexibility of how you use your benefits.

Contributing to an HSA provides an opportunity to build a personal fund to pay for current and future qualified health care expenses — tax - free.

Similar to an individual retirement account (IRA), money is put away before - tax, investment returns are tax - sheltered, and distributions for qualified health care expenses are tax - free.

Not only do you receive a tax deduction for your contribution, but the money grows tax - free as long as you use it for qualified health care expenses.

Not exact matches

Your HSA contributions are tax - deductible, they grow tax - free and withdrawals avoid taxes if used for qualified health expenses, such as doctor's visits, prescription drugs and dental care.

Both flexible spending accounts and health savings accounts are smart ways to save pre-tax dollars for qualified health care costs, including copays, prescriptions and other out - of - pocket expenses.

Qualifying for Medicare does not mean your health - care expenses will be covered.

Save money to pay for qualified health or dependent care expenses with pre-tax dollars.

In addition, services may apply towards qualified medical expenses if you have a Health Care Reimbursement Account (HCRA) through your employer or Health Savings Account (HSA).

An HSA offers potential triple tax benefits.2 Your contributions can be made with pretax dollars so you reduce your current taxable income; earnings on the investments in an HSA are not taxed; and withdrawals are tax free if used to pay for HSA - qualified medical and health care expenses.

Among the more common deductible medical expenses are health insurance premiums, long term care insurance premiums (subject to limits based on age), prescription medicines, hospital care (including meals and lodging), qualified long - term care services, and Medicare Parts B and D.

Your HSA dollars can be used to help pay the health insurance deductible and qualified medical expenses, including those not covered by the health insurance, like dental and vision care.

The IRS defines qualified disability expenses broadly — they may include rent, food, transportation, education and employment training, health care, and personal support services.

That makes your retirement account fair game for funding certain qualified expenses, such as first - time home buying and some health care or educational costs.

Certain qualified expenses — such as higher education costs, purchasing a first home, and health care expenses — can be withdrawn from contributions or earnings without penalty at any time.

A Health Savings Account, or HSA, is a tax - free account you can use to cover your health care expenses if you have a qualified high - deductible health insuranceHealth Savings Account, or HSA, is a tax - free account you can use to cover your health care expenses if you have a qualified high - deductible health insurancehealth care expenses if you have a qualified high - deductible health insurancehealth insurance plan.

Save money to pay for qualified health or dependent care expenses with pre-tax dollars.

If you don't qualify for a credit card or bank loan that can help you through your pet's crisis, you may still be able to get an account with Care Credit, a credit card that's specifically for health expenses, including your pet's.

As long as you have qualifying and off - setting documented health care expenses sometime after you establish the account (doesn't matter when), you can withdraw that offsetting amount for any purpose.

As a final point, the moment when possible in order that all case filing deadlines are protected, speak to a qualified personal injury solicitors to practice your court case for your injuries, health care expenses, property damages, pain and suffering.

Covered Accident Medical Expenses incurred due to Injury only are paid up to the maximum Accident Medical Expense Benefit Limit, for the following eligible expenses: treatment by a Legally Qualified Physician; care or service from a Hospital; services provided by an ambulatory medical - surgical facility; home health care from a licensed home health agency, but only if continued Hospital care would have otherwise been required; attendance of a registered graduate nurse; X-ray examination; or, use of an amExpenses incurred due to Injury only are paid up to the maximum Accident Medical Expense Benefit Limit, for the following eligible expenses: treatment by a Legally Qualified Physician; care or service from a Hospital; services provided by an ambulatory medical - surgical facility; home health care from a licensed home health agency, but only if continued Hospital care would have otherwise been required; attendance of a registered graduate nurse; X-ray examination; or, use of an amexpenses: treatment by a Legally Qualified Physician; care or service from a Hospital; services provided by an ambulatory medical - surgical facility; home health care from a licensed home health agency, but only if continued Hospital care would have otherwise been required; attendance of a registered graduate nurse; X-ray examination; or, use of an ambulance.