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
| Article | Publication Date Sort ascending |
|---|---|
| Working Through Financial Difficulty | July 2020 |
| No Cash Payments? Now What? | June 2020 |
| Wondering If Your Deposits Are Fully Insured? | May 2020 |
| Is Digital Banking for Me? | April 2020 |
| COVID-19 and Your Financial Health | March 2020 |
| Scammers Pretending to be the FDIC | March 2020 |
| How Does the FDIC Protect Consumers? | February 2020 |
| Thinking About Upcoming College Expenses? | January 2020 |
| What You Should Know About Gift Cards | December 2019 |
| Business Cents: Making Sense of Small Business Expenses | November 2019 |