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HSAs come with a unique triple tax benefit: you sock away money pretax, it grows tax free, and when you take money out to pay for medical expenses, it comes out tax free.
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The federal Victims of Crime Act allows the Justice Department to administer money to states to help pay for burial expenses, medical bills and lost wages for crime victims and their families.
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The money was used to pay for Hunter's living and medical expenses, travel and other costs to keep her out of sight while Edwards made his White House run, prosecutors say.
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The money was used to pay for Hunter's living and medical expenses, travel and other costs to keep her out of sight while Edwards made his 2008 White House run, prosecutors say.
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They also argued that former Edwards aide Andrew Young used the money for his own gain and to pay for Hunter's medical expenses to hide the affair from Edwards' wife.
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The problem is that unlike medical expenses or lost wages, jurors have no way of calculating how much money to pay someone for pain and suffering.
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You can use HSA money to pay current medical bills or leave it growing tax free and use it tax free for uncovered medical and dental expenses in retirement.
FORBES: Millions Of Americans Can Cut Their 2012 Tax Bills--And Don't Know It