Welcome to What Works Wednesday! Today, we're covering the Fed's recent decision to lower interest rates by 50 basis points in September 2024. We'll quickly explain why rates change, how they impact borrowing and saving, and what this means for you. Let's dive in!
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Welcome to What Works Wednesday! Today, we're covering the Fed's recent decision to lower interest rates by 50 basis points in September 2024. We'll quickly explain why rates change, how they impact borrowing and saving, and what this means for you. Let's dive in!
Episode 52: What Works Wednesday: Three Tax Breaks In One, The Health Savings Account Explained
Self-Employment Success Podcast
13 minutes
1 year ago
Episode 52: What Works Wednesday: Three Tax Breaks In One, The Health Savings Account Explained
Welcome to What Works Wednesday. Today, we're exploring health savings accounts (HSAs)—what they are, why they're important, how to qualify, and how to maximize their benefits. HSAs are powerful yet underutilized tools that offer triple tax advantages: tax-deductible contributions, tax-deferred growth, and tax-free withdrawals for medical expenses. Let's dive into how to make the most of your HSA.
Self-Employment Success Podcast
Welcome to What Works Wednesday! Today, we're covering the Fed's recent decision to lower interest rates by 50 basis points in September 2024. We'll quickly explain why rates change, how they impact borrowing and saving, and what this means for you. Let's dive in!