From his pallet of skills and qualities, he exemplifies numerous characteristics of leaderships such as: vision, communication skills, people skills, boldness, and a humble heart. He was often referred to as a âperfectionist,â âinspirational,â and âfearlessâ by his friends and colleagues.
(It is not the same as a Medicare Medical Savings Account, a health plan available only to Medicare beneficiaries, which is not discussed in this article.). Sign up for the AARP Health Newsletter. IRS rules say that you canât contribute to an HSA if youâre enrolled in Medicare.
A Health Savings Account allows you to build up pretax savings for medical expenses. You still must pay Social Security taxes on HSA contributions, with the exception of Section 125 cafeteria plans, which allow employees to pay insurance premiums pretax and can also be modified to allow HSA contributions.