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News and Notes
The Federal Citizen Information Center draws on a variety of sources to bring you useful consumer news, tips and advice.

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Pumped-Up Savings or Just a Raw Deal? A Health Savings Account Can be a Boon for Certain People

The new tax-deductible health savings accounts, called HSAs, were authorized in last year’s Medicare prescription drug legislation and allow people under age 65 to put up to $5,150 into health savings accounts tax free every year and to take it out tax free if it’s used for medical expenses. Read more...

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