How does Medicare affect your Health Savings Account?

A Health Savings Account (HSA) is a type of savings account that lets you set aside money on a pre-tax basis to pay for qualified medical expenses. By using untaxed dollars in a Health Savings Account (HSA) to pay for deductibles, copayments, coinsurance, and some other expenses, you may be able to lower your overall healthcare costs. HSA funds generally may not be used to pay premiums. How does it work when you enroll in Medicare? The attached article explains the benefits of a Health Savings Account and how Medicare will affect it. To access the article, click here…

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