TRAVIS RAML, CPA & ASSOCIATES, LLC
  • Home
  • Services
    • Accounting & QuickBooks
    • Tax Preparation & Planning
    • CFO & Advisory Services
    • Coaching & Training >
      • Coaching Center
    • DCAA & Government Contracting
    • Financial Consulting Services
    • Tax Representation & Resolution
    • Incorporation & Business Setup
    • Wealth Growth & Planning
    • Payroll Services
  • Contact Us
  • About Us
  • Blog
  • Industries
    • Doctors & Physicians
    • Dentists & Dental Practices
    • Technology & Management Consultants
    • Lawyers and Law Firms
    • DCAA & Government Contracting
    • Real Estate
  • Resources
    • Newsletter Sign Up
  • Schedule Meeting
  • Consultations

Growth Profits and Wealth Blog

Schedule a FREE NO PRESSURE Consultation
Access Octomono Masonry Settings

How we can we do more with HSA’s?

7/23/2019

 
3 Health Savings Account Mistakes to Avoid | The Motley Fool | https://ramlcpa.link/sfl​

​HSA's are still so underutilized as a tax tool it’s a bit unreal especially considering its 2019 & HSA's have been around for years.

While we’ve been delayed a bit longer than planned with the clients only section to our website, we are now just a short time away.  The emphasis in the end is to touch on matters like this in greater and greater detail, and move BEYOND the OBVIOUS, and instead supercharge wealth creation for ALL our clients. 
 
Here are a few of my favorite perks of HSA's.
 
1) Maximizing your contribution(s) when able.  As some who's been through hell and back with health scares in the past, and the money crunch that can come after (even with insurance), HSA's that are well planned and funded long before an event arises can save a ton of heart ache and years of hard work.
 
2) IT’S TAX FREE MONEY - Literally!!   When you put money into an HSA it's tax deductible up to the limits, it then grows tax free, and as long as distributions (and growth) are used for qualified medical the entire transactions costs you nothing in tax.  How many tax breaks save you money to start, and charge no tax on the back end (even on the growth)?  Not many believe me.
 
3) If you're Married and Your Spouse is the Beneficiary the funds transfer TAX FREE, better yet the spouse isn't even required to carry an HSA-eligible health plan.  There are other rules if the beneficiary is not your spouse which can be very tax beneficial in their own right if done properly. 
 
#HSA, #hsa, #hsau, #RamlCPA, #taxplanning, #taxstrategy, #taxplanning, #Healthcare, #healthcarefinance, #healthcarecompliance, #healthcarepowerof, #healthcaremanagement, #healthplanning, #HSA2019, #HSA2020, #healthcaresystem, #HealthcareInsurance, #taxtips, #taxstrategies, #taxsavings, #taxservices
​
Tags:

Comments are closed.

    RSS Feed

    View my profile on LinkedIn

    Travis Raml, CPA

    Categories

    All
    Accounting
    Business Development
    Business Entities And Incorporation
    Business Information
    Business Planning
    CARES Act
    Coronavirus
    Covid 19
    Government Contracting
    Income Tax
    Individuals
    Infrastructure Investment And Jobs Act
    Insurance
    IRS
    Pandemic
    Personal Finances
    Personal Protective Equipment
    QuickBooks
    Real Estate
    Resources
    Restructuring
    Retirement
    Risk Manangement
    SBA
    Skills & Qualities
    State Taxes
    Stimulus
    Tax Credits
    Tax Deductions
    Tax Planning
    TCJA
    The American Rescue Plan Act | ARPA

    Archives

    August 2022
    July 2022
    June 2022
    April 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    April 2020
    March 2020
    January 2020
    July 2019

    Follow me on Blogarama
    Blog Directory by Blog Flux
     Blogs - OnToplist.com
    blogville

CPA Firm Services

Accounting Services
​Tax Services
​Tax Representation
​CFO & Advisory
​Financial Consulting
DCAA Compliance
Incorporation

​Payroll Services
Coaching & Training
Growth & Wealth

Industries we Serve

Doctor & Physicians 
Dental Practice
Consulting Firms
​Law Firms
​DCAA & Governments Contractors  
​Real Estate
Pay Invoice

COLUMBIA MD ACCOUNTANT

Travis Raml, CPA & Associates, LLC is an accounting firm in Columbia MD which offers, tax services, outsourced CFO, outsourced controller, businesses advisory, and coaching services to businesses and individuals thorough out the Greater Washington, DC and Baltimore, MD area.

​We also provide service in Ellicott City, Columbia, Annapolis, Severn, Odenton, Crofton, Silver Spring, Rockville, Bethesda, Gaithersburg, Potomac, Reston, Tysons Corner, Fairfax, Alexandria, Arlington. We're also a local CPA firm conveniently located in Columbia Maryland directly across from Columbia Mall.
​
Travis Raml, CPA has been an accountant since 1998 and a certified public accountant (CPA) since 2003 and prides his firm on delivering high quality small business CPA services. He specializes in Columbia Tax Preparation, and Columbia Maryland Accounting Firm.


Support

Phone:
​       
(443) 927-9161

​Fax:            
​        (443) 927-9152
Schedule New Client Consultation

​Schedule Client Meeting

Contact Us
About Us
Blog
Sitemap

Top Accountant in Columbia
Top Accountant in Washington DC
Best Accountants in Columbia
Accountants near me
Best Accountants in Columbia
Accountants near me
Best Accountants in Columbia
Accountants near me
  • Home
  • Services
    • Accounting & QuickBooks
    • Tax Preparation & Planning
    • CFO & Advisory Services
    • Coaching & Training >
      • Coaching Center
    • DCAA & Government Contracting
    • Financial Consulting Services
    • Tax Representation & Resolution
    • Incorporation & Business Setup
    • Wealth Growth & Planning
    • Payroll Services
  • Contact Us
  • About Us
  • Blog
  • Industries
    • Doctors & Physicians
    • Dentists & Dental Practices
    • Technology & Management Consultants
    • Lawyers and Law Firms
    • DCAA & Government Contracting
    • Real Estate
  • Resources
    • Newsletter Sign Up
  • Schedule Meeting
  • Consultations