What is Health Savings Account?
People in the US who have high-deductible health insurance coverage can open a health savings account (HSA). Tax deductions are available for both contributions and account earnings. Money can be utilized tax-free for medical expenditures, and the account can follow you if you move jobs. Taxes and penalties may apply to withdrawals made for non-medical expenses. HSAs offer tax advantages as well as a way to save for medical expenses.
Contact us to learn more about the right health savings account for you.
Contact us to learn more about the right health savings account for you.