Health Savings Accounts (HSAs) are tax-advantaged medical savings accounts for Americans with high-deductible health plans (HDHP). Health Savings Accounts are important because they provide individuals with a way to set aside pre-tax dollars for medical expenses, such as deductibles, co-payments, and other healthcare-related costs. This allows individuals to save money on healthcare expenses while also enjoying the tax benefits of contributing to an HSA. The funds in an HSA roll over year to year if … Continue reading Why 2024 Might Be the Best Year Ever for Your Health Savings Account