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IRS rules hide a brutal HSA tax trap for heirs

Health savings accounts are widely used as a tax-efficient way to set aside funds for medical expenses, combining upfront tax relief with tax-free growth and tax-free withdrawals for eligible healthcare costs. Over time, consistent contributions and long-term investing can cause these accounts to grow into significant balances, sometimes reaching levels comparable to retirement savings vehicles. 

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Major bank drops bombshell on Fed interest-rate bets

After an especially bruising week of hot back-to-back inflation headlines, increasing uncertainties about the end of the Iran war’s energy shocks, and a flaccid state visit to China, the bond market’s outlook for a Fed interest-rate hike this year flexed. Long-dated Treasury yields pushed sharply higher, with bond traders upping the risk that the central

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