A prospective client comes to you for some more expert planning advice. He has a high deductible health insurance plan with an HSA. What are the tax advantages to saving money in an HSA account and what benefits may be available if he chooses not to use the funds until the future? The client is also thinking about starting his own accounting business on the side and wants to know what selfemployment tax is. He is also want to know what advantages are associated with setting up an educational assistance program. The prospective client is also trying to figure out if he can contribute to an IRA, a SEPIRA, and his employersponsored 401k plan. What factors should he be considering or aware of from a tax planning perspective?