McLain,
Pierce and Associates, Inc.
P O Box 1419 Sanford, FL. 32772
800-330-3562
The New Government
Approved
HEALTH SAVINGS
ACCOUNNT(HSA)
The concept of Health
Savings Accounts (HSA) combines an affordable qualified
High Deductible Health Plan (HDHP) and a tax, favored
health savings account (HSA). The combination results
in savings through lower health care premiums and
a reduction in taxable income. The HSA grows tax-deferred,
and if you use your HSA funds for eligible medical
expenses, you never have to pay taxes on those funds!
September 2005 Doing business since 1980
With
HSA's, you control your health care decisions!
Intended to
cover serious illness or injury once the deductible
has been met.
Used to
cover small and routine medical expenses until
the deductible is met.
Tax
Advantages
Health
Savings Accounts (HSA) Create Unique Tax Benefits For Account
Holders/Individuals.
Contributions are 100% tax-deductible
Funds grow on a tax-deferred basis, and if the funds are
used for an eligible medical expense, the funds are tax-free
Funds roll over from year to year, and funds used after
age 65 are able to be used tax-free for eligible medical
expenses or at your normal tax rate for any other reason
Our Agency Can
Help You With All Your Business Insurance Needs:
Employee Benefits
Workman’s comp
General Liability
Commercial Auto
McLain, Pierce and Associates,
Inc.
Phone: (407) 323--8142
Toll Free: (800) 330-3562
Fax: (407) 321-4292
E-Mail: mcp@insurefl.com
