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Deductions & credits
@himanshuag @Critter-3 I appreciate the information. I had never seen that strategy used before, so I appreciate the update. I once had HSA deductions made on my own paycheck that were subject to FICA, but not through a Cafe-125 plan, so it did not have that tax savings attached to it. If you make an HSA contribution after-tax, you can get a deduction from Federal but not FICA tax as already pointed out. Thank you.
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‎December 8, 2021
7:47 AM