Health Savings Account

If you’re looking for more control over what you pay for health care and the services that you actually use, a health savings account (HSA) could be right for you. HSAs are used with high-deductible health plans to provide a tax-advantaged way to save for qualified medical expenses. 

  • Smart
  • Flexible
  • Simple

Benefits of an HSA:

  • Contributions go from your paycheck to your HSA before they’re taxed
  • Grows tax-deferred
  • Never taxed when used for qualified medical expenses
  • No “use it or lose it” penalty
  • Portable, goes with you wherever you go

Consult your tax advisor regarding deductibility of interest and potential tax savings.

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