Month: August 2013
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50th Anniversary of “I Have a Dream”
Martin Luther King, 8/28/1963: “I am happy to join with you today in what will go down in history as the greatest demonstration for freedom in the history of our nation. Five score years ago, a great American, in whose symbolic shadow we stand today, signed the Emancipation Proclamation. This momentous decree came as a…
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Survey released on motivation for using a Health Savings Account
Why do people choose Health Savings Accounts? A new survey by Fidelity Investments showed four reasons. 48 % of respondents cited carry-over of remaining funds year to year as a reason, 45% said lower insurance premiums, 38 % said the tax savings, and 25% cited a savings vehicle for their anticipated health care expenses in…
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HRA vs HSA: which is best for me?
a comparison of the features of health reimbursement arrangements (HRA) and health savings accounts (HSA) and using both in combination