Sentences with phrase «using the money for medical»

+1 even if you don't expect to need it, by using the money for medical expenses you're never taxed on it.

The latter is an existing policy owned by a terminally ill client who would presumably use the money for medical expenses and final estate planning.

Not exact matches

Though nearly two - thirds of the individuals who took the loan used the money to pay for home improvements, a quarter used the proceeds to pay for surprise costs, including car repairs and medical expenses.

You get a tax deduction for such a contribution, you may be able to invest that money inside the HSA and you can use the money for qualified medical expenses at anytime throughout your life, he explained.

The bill forbids local authorities from working with federal agents, including using «agency money, facilities, property, equipment, or personnel to assist a federal agency to investigate, detain, detect, report, or arrest a person for commercial or noncommercial marijuana or medical cannabis activity that is authorized by law in the State of California.»

The money was used to pay for Hunter's living and medical expenses, travel and accommodations to keep her out of sight while he made his second White House run in 2008, prosecutors say.

People have raised money for everything from board games to chef's knives to medical funds using crowdfunding.

The money drawn from a reverse mortgage can be used to pay for medical costs, living expenses or existing mortgage payments.

And, the New York Times credulously noted, «the money left over, he said, could be put into a «health savings account» to be used to pay for deductibles or other uncovered medical expenses.»

Actually, the money can be used for almost anything, including home improvements, investments, medical bills or a swimming pool.

HSA accounts, short for health savings accounts, are a type of tax - advantaged savings account used to save money on medical costs.

If you use the money for anything other than a qualified medical expense, you'll get slapped with a steep 20 percent penalty.

Catholic organizations have no problem paying non-Catholics to work for them and those non-Catholic's can take that money that was paid to them and pay for an abortion, go gambling in Vegas, buy medical marijuana, buy condoms or even visit a Nevada «Chicken Ranch» if they want to, all funded by the Catholic Church, but don't you dare tell the Church they have to pay into a healthcare system where some employee's may choose to use those health benefits to pay for contraceptives?

Somehow, they are able to use it for labor induction and medical abortion... Oh, I know how - because hospitals save money by using it and doctors do not care.

PRI's money was intended to be used to pay medical malpractice costs for the doctors and hospitals that are its clients.

Pitel said that money raised would be used for medical expenses for the Wayne Himes family, following a recent accident.

The medical school plans to use the money to advance various goals, including more financial aid for students, more research, and expanded faculty recruitment.

I use medical marijuana to keep from having seizures please no money seekers serious ladies who live in Colorado springs Colorado please reply thank you for you're time be safe p

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The money drawn from a reverse mortgage can be used to pay for medical costs, living expenses or existing mortgage payments.

You can use HSA funds for qualified medical expenses, and the money you put away will not be taxed.

You can use money from the mortgage to furnish your house, pay for tuition or medical bills but only if you can repay the fees.

If you use the money for anything other than a qualified medical expense, you'll get slapped with a steep 20 percent penalty.

You can use money lent for home improvements, tuition fees, vacation or medical bills as long as all mortgage fees are paid off.

The basic idea behind health savings accounts is to save the money you'd otherwise be spending on insurance premiums so that you can use it to pay for medical expenses that aren't covered by your insurance.

The beneficiaries can use this money for funeral expenses, medical bills, mortgage payments, etc..

Since all the money in the HSA remains available for medical use (even after retirement) and grows tax - free, this is an ideal opportunity for extra retirement income.

Your contributions are tax - deductible or pretax (and you may get an employer match), and the money can be used tax - free for medical expenses in any year.

But with a Utah First HELOC, you may be surprised to learn that our borrowers can use the money to pay for a wide variety of family expenses such as medical bills, school tuition, and vacations.

Make a budget listing every single monthly expense (including the mortgage) and leave room for some emergency savings — this is money that should be kept in a separate account (ideally taken monthly via automatic payment) and is used in case of an emergency — unexpected job loss, medical bills or vehicle repairs.

If you have a high - deductible health plan (HDHP), you can contribute pretax income into an HSA and use the money to pay for qualified medical expenses.

Numerous people use money loans to pay their outstanding debts or use it for the intention of schooling or even for paying their medical charges.

Use the funds to pay for qualified medical expenses or save money in your account for future needs.

The least common uses for this money are stopping a power of sale, foreclosures and paying for emergency medical care.

The money has been used for some rare purposes including stopping a power of sale, foreclosure, helping loved ones and paying for emergency medical treatment.

You can use the money in the account (including the earnings) to pay qualified medical expenses for yourself and your family.

The money is tax - advantaged but distributions may be subject to income tax and penalties if they are not used for qualified medical expenses.

These allow you to make tax - deductible contributions, grow your money tax - free, and pay no tax on withdrawals as long as they are used for qualifying medical expenses.

Make sure that if you use your savings to help pay for medical school you still have money left to pay your bills and cover any unplanned expenses.

The money can be used for whatever you choose, such as home modifications, medical bills or perhaps one last vacation.

You can't make new contributions to an HSA after you sign up for Medicare, but you can use the money tax - free for medical expenses at any time.

to RS 50,000; My plans would be to use this money towards medical insurance Rs17, 000 (10 lakhs coverage) & Term insurance around 50 lakhs and balance would for other Equity investments

You can avoid the penalty if you use the money to pay for college, a first home purchase (up to $ 10,000), significant medical expenses, health insurance after a layoff or expenses associated with a disability.

The money can be used to get family finances in order, pay for uncovered medical expenses, or simply do certain things for your family or friends while you still can.

I have a credit card with a $ 683 balance (min payment is $ 25, I've been trying to pay $ 50 each time, and I didn't get a new card when the last one expired so I don't use it), student loan which is $ 5,828 (which I made one payment on a year ago), a medical payment of $ 309 that is on my credit report, as well as other medical bills that are at least at $ 3,000 - $ 3,500 that I'd have to get a more comprehensive report to find out what all is there, and I have more expenses that I need to pay that I don't have the money for like dental work, more health issues, car repairs, and monthly bills.

Money stashed in HSAs can be used for medical expenses as needed and avoid running up high health care bills.

You can deduct contributions, and then use the money contributed to pay for qualified medical expenses.

In fact, as mentioned above, even if you don't end up using the money in your HSA for medical expenses (a good thing!)

Your money will grow tax - free as long as you use the funds for qualified medical expenses, and you can use these funds to satisfy your deductible.

A flexible spending account has its advantage as well: You can use it for dependent care as well as medical expenses, but it's part of a cafeteria plan and you lose the money that you don't spend by the end of the year (rather than it simply rolling over to the next).