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My rebate check...

April 27th, 2008 at 12:29 pm

I've decided to deposit my rebate check of $600 as a contribution in my Health Savings Account. I need to work towards my deductible, which is also the max amount I can contribute tax free.

The beauty of a HSA is that all contributions and distributions (medical payments/expenses)are tax free; they lower one's tax liability.

A worthwhile endeavor if you want to avoid paying too many taxes.....