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Top related persons:
Tom Werner - 1 Digitalvision - 1 Carolyn McClanahan - 1 Jake Spiegel - 1 you've - 1 didn’t - 1 ” Jake Spiegel - 1 that’s - 1
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Jacksonville , Florida
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Getty - 1 Planning Partners - 1 CNBC's - 1 Research - 1 CNBC - 1 Invest - 1 Garmin - 1 IRS - 1

Search resuls for: "Jake Spiegel"


4 mentions found


☆ Here are some last-minute options to spend down your flexible savings account ‘use-it-or-lose-it’ funds
  + stars: | 2023-12-01 | by ( Ana Teresa Solá | ) www.cnbc.com   time to read: +4 min
It's common for workers to not know what their employer's FSA rules are. Stock up on over-the-counter medications The CARES Act of March 2020 removed prescription requirements to use FSA funds for many over-the-counter medicines. Buy certain skin care products You can use your FSA savings for eczema-approved creams and lotions. Plan ahead for a new baby New and expectant parents can use their FSA funds for baby products such as diaper rash cream, baby breathing monitors and baby sunscreen. How to use FSA funds wisely
Persons: Tom Werner, Digitalvision, Carolyn McClanahan, Jake Spiegel, you've Organizations: Getty, Planning Partners, CNBC's, Research, CNBC, Invest, Garmin, IRS Locations: Jacksonville , Florida
☆ Retiree Medical Costs Are Expected to Moderate, but Still High
  + stars: | 2023-06-30 | by ( Ann Carrns | ) www.nytimes.com   time to read: +2 min
Saving for health expenses in retirement is a bigger worry than it once was, not only because of rising medical costs but also because fewer employers offer health benefits to their retired workers. The Employee Benefit Research Institute, a nonprofit, reported in a separate analysis that about a quarter of large employers offered retiree health benefits in 2021, down from half about 25 years ago. Medicare covers hospital stays, doctor visits and lab tests, as well as prescription drugs. Premiums vary for Part D, which covers prescription drugs. Starting in 2025, as part of changes made to Part D in the Inflation Reduction Act of 2022, out-of-pocket costs for prescription drugs will be capped at $2,000 a year.
Persons: didn’t, ” Jake Spiegel, that’s, Manion Organizations: Research Institute, Fidelity, Medicare
☆ This savings account offers a 'triple tax benefit'—but 88% of users are missing out
  + stars: | 2023-02-09 | by ( Ryan Ermey | ) www.cnbc.com   time to read: +3 min
Traditional retirement accounts, such as 401(k)s and individual retirement accounts, come with an upfront tax break. But a third type of account comes with tax-deductible contributions, tax-free growth in your investments and tax-free withdrawals on certain expenses in retirement: health savings accounts. How health savings accounts workHealth savings accounts are only available to people enrolled in high-deductible health plans. But the HSA comes with some extra benefits. You're also allowed to invest your HSA money in stocks, bonds, exchange-traded funds and mutual funds.
☆ How to Spend Your FSA
  + stars: | 2022-11-30 | by ( ) www.wsj.com   time to read: +4 min
Read on to find out more about how your FSA works and your best options to spend down your balance. Acupressure mat and pillowKanjo Acupressure Mat and Pillow Set $80 at AmazonYou might not have realized that an acupressure mat is FSA eligible. SunscreenEltaMD UV Clear SPF 46 Face Sunscreen $37 at AmazonThere’s a wide variety of sunscreen available on Amazon that’s FSA eligible. Why this December is differentThis year’s December FSA spending crunch could be worse than usual. Fortunately, while you must spend your FSA on medical costs, the options are a lot wider than just doctors visits and prescription meds.
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