September 2024
Health Savings Accounts
If you are enrolled in only one health insurance plan and it has a high deductible, you are probably eligible to open a Health Savings Account (HSA). An HSA is a type of savings account that lets you set aside money on a pre-tax basis to pay for qualified medical expenses. The deductible is the dollar amount you have to pay before your insurance starts picking up certain costs. By using untaxed dollars in an HSA to pay for deductibles, copayments, coinsurance, and some other qualified medical expenses, you may be able to lower your out-of-pocket health care costs. HSA funds generally may not be used to pay premiums
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Credit Cards for Young Adults | August 2023 |
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Need a Loan for Your New Small Business? | May 2023 |
Your First Job? | April 2023 |
Financial Empowerment and Inclusion | March 2023 |
Tax Refund Time! | February 2023 |
Credit Card Checks and Cash Advances | January 2023 |
Avoid Scams While Shopping Online for Bargains | December 2022 |