Jose’s Tax Service | Trusted. Transparent. Tax-Smart.
Healthcare is expensive — but did you know there’s a tax-advantaged account that helps you save for both medical costs and retirement? It’s called a Health Savings Account (HSA), and it’s one of the most powerful — and underused — tools in personal finance.
At Jose’s Tax Service, we show clients how to leverage HSAs not just for short-term savings, but as a long-term wealth-building strategy.
What Is an HSA?
An HSA (Health Savings Account) is a special account that allows you to:
– Set aside money pre-tax
– Grow the money tax-free
– Withdraw it tax-free for qualified medical expenses
It’s like a triple tax advantage — you don’t pay taxes going in, growing, or coming out.
Who Is Eligible?
To qualify, you must be enrolled in a High Deductible Health Plan (HDHP) — check with your insurance provider or employer to confirm.
2025 Contribution Limits (per IRS):
– Single: Up to $4,300
– Family: Up to $8,650
– Catch-up (age 55+): Extra $1,000
These contributions can be made directly or through payroll deductions.
How an HSA Saves You Money:
Let’s say you contribute $3,000 to your HSA this year:
– You lower your taxable income by $3,000
– If you’re in the 22% tax bracket, that’s a $660 tax savings
– That money grows over time if you invest it
– You can use it now — or save it for future healthcare expenses
📈 Pro Tip: You don’t have to spend your HSA right away — unused funds roll over forever!
HSAs as a Retirement Strategy
At age 65, you can use HSA funds for anything, not just medical — though non-medical expenses become taxable (like a traditional IRA).
But for medical expenses, the funds remain 100% tax-free, even in retirement. It’s an excellent supplement to Medicare and other retirement accounts.
Jose’s Tax Service Helps You:
✅ Set up and contribute to your HSA correctly
✅ Maximize your annual contributions
✅ Coordinate HSA planning with your overall tax strategy
✅ Use your HSA as a long-term investment tool
Real Results, Real Clients
“Jose’s Tax Service helped me open an HSA, and I saved over $700 in taxes this year alone — plus I feel more prepared for medical expenses down the road.”
— L. Peterson, Freelancer, CT
Don’t Miss Out on the Tax Savings You Deserve
Let’s review your eligibility and build your tax-smart plan today.
📞 Call us at 475-254-9373
📍 Serving Connecticut & All 50 States Virtually
🌐 Schedule your consultation at Josestaxservice.com