HSAPAY's week 6 of 30 funding for Baby Plan

Feb 15, 2023 5:40 am


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Welcome back ,


Here's HSAPAY's weekly update for February 13th, 2023


  • 1099-SA your way to Tax savings
  • Lowering your tax bracket by Maxing out your HSA!!!
  • #endtosleeplessnights
  • Rural Healthcare help is on Its way!!
  • New Children’s Mental Health Startup Emerges from Redesign Health
  • UnitedHealthcare Launches Rewards Program With Wearable Devices
  • 3 main takeaways from Chair Powell
  • Hedge fund pro: Brent crude oil price could hit $140 in 2023
  • Big 5 oil companies bank nearly $200 billion of profit in 2022, $22 million per hour
  • Morgan Stanley downgrades Affirm, says the payment firm's offerings are too narrow for its ambitions
  • Equities sprinkled over your HSA Sunday
  • Structure Matters: What is Your Apple Portfolio Allocation?




1099-SA your way to Tax savings



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HSA tax form If you had a health savings account in 2022, you will be receiving a tax form called a 1099-SA from HealthEquity, the company that administers. #hsapay

If your accountant has never mentioned this form before and you have had an HSA for several years it's time to find a good Tax consultant. Learn more about your entitlements here...


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Lowering your tax bracket by Maxing out your HSA



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Don't get caught off guard by not maxing out your HSA this tax season. #hsapay



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#endtosleeplessnights

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Teething babies can bring out the worst in you. From diaper rashes to constant tears and screaming. When you need a break or little bit a of sleep don't be afraid to ask for help. With your HSA there are self-care services that you can utilize in your time of need. #hsapay #hsa

https://hsastore.com/caring-mill-children’s-acetaminophen-pain-relieverfever-reducer-oral-suspension-liquid-grape-flavor/40061.html


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Rural Healthcare help is on Its way!!

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By G. Richard Olds | St George University Health care is growing hard to come by in rural America. Three-quarters of rural counties suffer from doctor shortages. Hundreds of rural hospitals are at risk of closing.



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🗒️ New Children’s Mental Health Startup Emerges from Redesign Health

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Fort Health, a new startup built at Redesign Health, recently launched as a provider of mental healthcare services for children.


The company has developed a telehealth-based mental health clinic that partners with pediatricians for referrals and health plans for coverage.



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🗒️ UnitedHealthcare Launches Rewards Program With Wearable Devices

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UnitedHealthcare Rewards members can earn up to $1,000 per year by meeting daily activity goals, tracking sleep and fulfilling other one-time health activities.


The program is intended to incentivize healthy habits, the insurer said.


Find out your HSA can discounts for devices like these


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🗒️ 3 main takeaways from Chair Powell

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The much-awaited Federal Reserve (Fed) monetary policy decision triggered volatility in financial markets.


While the outcome was widely expected (i.e., Fed hiking the funds rate by 25bp), the press conference turned out to be more important for markets than the actual hike. It makes sense, given the forward-looking nature of markets.



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🗒️ Hedge fund pro: Brent crude oil price could hit $140 in 2023

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Brent crude oil prices have pulled back in the past few months as investors assess the supply and demand in 2023.West Texas Intermediate was trading at $77.41 on Friday, down by about 40% from its highest point in 2022.Similarly, Brent is stuck at $84, ~39% below its highest level in 2022.Hedge fund […]


The post Hedge fund pro: Brent crude oil price could hit $140 in 2023 appeared first on Invezz.


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🗒️ Big 5 oil companies bank nearly $200 billion of profit in 2022, $22 million per hour

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What is that saying about life not being fair?


In a pill that is rather tough for a lot of people to swallow, big oil companies have announced stellar earnings for 2022, a year in which the world faced its toughest challenges in a long time.


 The top five Western companies scooped $196.3 billion.


The post Big 5 oil companies bank nearly $200 billion of profit in 2022, $22 million per hour appeared first on Invezz.


Cyclical trading indicates that Crude prices always rise with Summer travel

Short: going long on oil before Spring may limit returns for your HSA expenses during Winter


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🗒️ Morgan Stanley downgrades Affirm, says the payment firm's offerings are too narrow for its ambitions

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Analyst James Faucette downgraded the online payments stock to equal weight from overweight.


He also slashed his price target to $15 per share from $46.


Keeping Affirm in your HSA Investment account could lead to a doomsday scenario if you plan on paying for healthcare expenses with these returns



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🗒️ Equities Sprinkled over your HSA Sunday

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January: Fixed Income Update January reported a sharp reversal in investor sentiment with equities and spread products seeing a significant rally as inflation signals continued to weaken.


Equities reversed their December slumps, with the S&P up 6.3%, small cap stocks gaining +9.8%, and the Nasdaq jumping +10.7%.


In fixed income markets, spreads tightened across Investment Grade, High Yield.



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🗒️ Structure Matters: What is Your Apple Portfolio Allocation?

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According to Mr.


Market, the “growth” company Apple reported “spectacular” results last Friday; the stock rallied to $157 from about $151.YTD in 2023, Apple stock is up 18.9% vs the S&P 500 at 7.8% and QQQs at 14.8%.


Are investors and traders confused, or was this a relief rally, or possibly even a “bear” [...]


The post Structure Matters: What is Your Apple Portfolio Allocation?


appeared first on ETF Trends.


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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.


Enjoy,

frank

HSAPAY

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