I know I doâ¦.. Now as to the myth of distinctively Nova Scotian quilt designs: The quilts made prior to about 1850 in Nova Scotia drew more heavily on the British Isles for inspiration and frequently were indistinguishable from British design.
Health savings account. A health savings account (HSA) is a tax-advantaged medical savings account available to taxpayers in the United States who are enrolled in a high-deductible health plan (HDHP). The funds contributed to an account are not subject to federal income tax at the time of deposit.
Employer contributions to the HSA are not considered part of the employee's income and are not reported as such on the employee's individual tax return. For this reason, the employee can only deduct his portion of the contribution to the HSA to save on tax liability. The savings potential for employees who make after-tax contributions to the account is between 15 and 32 percent, depending upon the employee's tax bracket.