Control and Compound with Darren Mitchell
How To Get Money Out Of Your Business TAX FREE | Breaking Down The Benefits Of The Health Care Spending Account
24 Oct 2022
On this week's episode, Darren and Christina break down the advantages business owners have when incorporating the use of the health care spending account. Unlike group insurance, this type of account has many different benefits and the two go through the different ways you can take advantage if you're a business owner. 00:00 - Introduction 00:17 - How do we fit health care spending account in overall plan 4:25 - Is it possible for employees to set up their own plan | Breaking down insurance by class 7:05 - Advantages of the Health care spending account vs. Group Insurance 13:10 - The right type of company you need to be to take advantage of this type of account 16:35 - Additional benefits from the account 19:10 - Private medical benefits 20:50 - Being as efficient as possible | Wrap up TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound
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