Guides ยท Finance
HSA Basics
Tax-advantaged health savings
Health Savings Accounts allow those with HDHPs to contribute pre-tax, invest balances, and use funds for qualified medical expenses, with triple tax advantages if rules are followed.
- hdhp
- pre-tax
- qualified expenses
- invest
- rollover
Eligibility
Requires a qualified high-deductible health plan and no disqualifying coverage.
Contribute and Spend
Contribute up to annual limits; spend tax-free on qualified expenses.
Invest and Keep
Invest balances for growth; unused funds roll over yearly and are yours to keep.