Even small online purchases that are shipped from outside the United States must now pass through customs — and are likely to incur duties.
After age 65, retirees can use HSA funds for any purpose without incurring a penalty.
These plans have generous contribution limits that increase with age, which may allow high-income business owners to catch up on retirement savings and significantly reduce their taxable incomes.
How much life insurance would you need to produce a sufficient income stream for your family?
Compare the potential future value of tax-deferred investments to that of taxable investments.