Is your health insurance plan eligible for a health savings account (HSA)?
Healthcare is a major expense for many people including workers and retirees, so it pays to do what you can to make it as affordable as possible. According to HSA Bank, almost half of Americans may be losing out on an opportunity to save money by not knowing whether their health insurance plans are eligible for a health savings account (HSA). The money you put into an HSA goes in tax-free and any funds you don’t use immediately for medical care can be invested and grown into a larger sum, and those gains won’t be taxed. In Maurie Backman’s article, she explains how an HSA can help you now and into the future. Read Ms. Backman’s article here…
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