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Health Savings Account
A Health Savings Account (HSA) is a savings account that allows you to set aside pre-tax money that can be used for medical-related costs.
Your Health Savings Account
Minimize Your Own Healthcare Costs Tax Advantages
Cost-effective alternative for paying medical costs.You'll pay no taxes on withdrawals used to cover eligible medical expenses.Your Health Savings Account
When coupled with a High Deductible Health Plan (HDHP), you can minimize your own healthcare costs and gain tax advantages. Contributions to your HSA are tax deductible and the account earnings will accumulate on a tax-deferred basis. Distributions from your HSA are tax-free if they are used for qualified medical expenses. To get started, obtain a qualifying HDHP from your health plan administrator, then open your HSA
