Tax Benefits of Health Savings Accounts Lure Consumers, Businesses (PRWEB)

A family with a qualifying high-deductible health insurance plan in place no later than December 31 can shelter up to $5,650 from 2007 federal income taxes. By reducing your adjustable gross income, enabling you to pay for medical expenses with pre-tax income, and through tax-deferred growth, HSAs can reduce your income taxes in at least 10 ways.

Source: Press Release Newswire