Saving 25-50% on Chiropractic Care
These new vehicles fund your out-of-pocket healthcare expenses with pretax dollars—saving you up to 50% on wage (FICA) and income taxes.
If you own a home, every April 15 you get a 100% income tax deduction for your real estate taxes and for the interest on your mortgage. (NOTE: Although there are limits on the deductibility of mortgage interest, most people do get a 100% deduction.) Now, you can get similar tax benefits for your chiropractic care.
Health Savings Accounts (HSAs)
If you are self-employed, or if your employer doesn't offer an FSA, you can still save the same 40% or more on your chiropractic care with a Health Savings Account. You get a 100% tax deduction for the funds you contribute to your HSA, or you can direct your employer to make pre-tax wage contributions to your HSA similar to funding an FSA, which will save your employer 7.53% in wage taxes.
(See the next section for more on HSAs)