You contribute to a HAS with pre-tax dollars and NEVER pay taxes for money withdrawn for qualifying medical expenses. You reduce your taxable income each year based on the dollars of contributions you made.
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401-K PLAN , INVESTMENTS , RETIREMENT
SO YOU DECIDED TO GIVE 3/4 OF A $$-MILLION TO A COMPANY WORTH $$-BILLIONS?
IT'S ALL ABOUT THAT MAGICAL 401K SILLY! A powerful means to grow your wealth is accepting YOUR matching contributions from an employer into YOUR 401K plan. Employer matching 401K contributions means the employer contributes a certain percentage of your compensation to your retirement savings. Because it is YOUR MONEY/PART OF YOUR COMPENSATION, companies must budget these matching funds. Approximately 15% of employees decline to open a 401K and hence decline the matching funds. Those ...
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