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How To Get Money Out Of Your Business TAX FREE | Breaking Down The Benefits Of The Health Care Spending Account
Season 1 · Episode 27

How To Get Money Out Of Your Business TAX FREE | Breaking Down The Benefits Of The Health Care Spending Account

Control and Compound with Darren Mitchell · Control and Compound Financial | BNV Media

October 24, 202223m 26s

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Show Notes

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

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