Did You Know?
About 84% of large employers will offer high-deductible health plans in 2017. Indeed, 35% of large employers will offer only high-deductible plans to their workforce. Some workers’ deductibles will be offset by employers’ contributions to health savings accounts: tax-free funds that workers can use to pay for out-of-pocket health care costs.
[FEB 1] IRA REMINDER: For 2016 and 2017, total contributions to traditional and Roth IRAs cannot be more than $5,500, or $6,500 for those age 50 or older.
[FEB 3]: REMINDER: IRA contributions can’t exceed taxable compensation for the relevant year.