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 |
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Health Savings Accounts | September 2024 |
Take Charge of Your Credit Cards | August 2024 |
Is Your Bank Branch Relocating or Closing? | July 2024 |
Banking With Third-Party Apps | June 2024 |
Your Business, Your Deposits | May 2024 |
Don’t Get Schooled, Get Educated on Student Loans | February 2024 |
Starting Small Can Lead to Big Savings | January 2024 |
Older Adults Helping Relatives Through Financial Support | December 2023 |
Shopping for a Certificate of Deposit? | November 2023 |
Scammers and Fake Banks | October 2023 |