Health Savings Accounts Are Changing!
It’s open enrollment for most of us right now, and it’s more important now than ever to max out those Health Savings Accounts (also known as Flex Spending Accounts and Health Reimbursement Accounts). 2012 is the last year that you can put the maximum of $5,000 in your HSA. The tax laws have changed and, starting in 2013, the maximum amount allowed in any HSA will be $2,500. What does this mean for you? If you’re interested in laser eye surgery like LASIK, this is the last year that you can use your HSA to cover the entire cost of your surgery with pre-tax dollars. To schedule a consultation to see if you’re a good candidate or if you have any questions about this change in HSAs, call us at 240-482-1220.