CMS Press Release on 2021 Medicare Premiums
A few days ago, CMS put out a press release outlining the monthly premiums for Medicare in 2021. Changes in premiums from year to year are always a concern for those on Medicare, and it was also projected that Medicare spending would increase in 2021 due to various factors caused by the pandemic. Luckily, Medicare […]
HSA limits have increased in 2021
The amount that individuals are able to contribute to an HSA in 2021 will now be $3,600–a $50 increase from 2020. Meanwhile, families are able to contribute up to $7,200, which is a $100 increase from 2020. On Medicare? You can no longer contribute to an HSA, but you can use HSA dollars to pay […]