Why Contribute to a Health Savings Account?
A health savings account may be the best kept investing and health-related secret. Yes, you may use your HSA account for medical expenses. However, if used strategically, this account can also grow your wealth—tax free—and/or lower your taxes as you contribute. Plus, an HSA has magnificent investment potential.
How do HSA’s Work?
To take advantage of the power of an HSA, decide if you’re eligible to open an HSA. Next, learn the contribution limits and how to open an HSA. Then learn the tips to using your HSA to pay for medical expenses—or not.