
The health savings account, or HSA, lowers the cost of your out-of-pocket medical costs by way of tax perks. You fund the account with pre-tax dollars, and qualified distributions for medical expenses are tax free. That's the account's headlining feature.
Dive into the details of how HSAs work, though, and you'll find much more to love. The tax perks are great, but HSAs are also easy to use and budget friendly, among other things. Here are 10 reasons why the HSA is a primary tool in my household's financial plan.
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