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You Have Another 2 Weeks to Lower Your Tax Bill With This Smart Move

Tags: fund
DATE POSTED:June 30, 2020

When the COVID-19 crisis erupted in March, the IRS was fairly quick to react. It first pushed back the deadline to pay taxes until July 15, and quickly made the same adjustment to the tax-filing deadline as well. All told, filers have been given three extra months to get their returns in order, but now that the new deadline is quickly approaching, it's time for Americans to buckle down and get moving on their taxes.

The good news, though, is that because the tax-filing deadline was pushed back three months, the contribution deadline for health savings accounts (HSAs) was postponed as well. That means you can still fund your 2019 HSA and reap major savings in the process.

Image source: Getty Images.

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Tags: fund