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Peoples State Bank
Health Savings Account Changes for 2020

You’ll be able to set aside more money in 2020 for your health savings account (HSA). The IRS has increased the amount you can contribute to an HSA for both individual coverage and family coverage.

Why You Should Automate Your Savings

It can sometimes feel like you are not saving as much money as you would like to. It can be easy to lose track of what you are saving if you don’t set an amount to go into savings with every paycheck. Automating you savings can help you stay on track and not have to worry about transferring money yourself.

Saving for gift giving

If you’re like most people, you’re probably not thinking about the gifts you’d like to purchase for your spouse, children, family, or friends. Wouldn’t it be nice to get to the holidays knowing you’ll have money socked away for all those purchases? It’s easier than you might think.