Understanding HSA Accounts

Welcome to our guide on health savings accounts, HSAs, a valuable tool for managing healthcare expenses. Today, we’ll dive into what health savings accounts are, why they are beneficial, and how you can use them effectively. Firstly, what is a health savings account? It’s a type of savings account that allows you to set aside money on a pre tax basis to pay for qualified medical expenses.

Understanding HSA Accounts: Benefits, Usage, and Management

Save Smart, Stay Healthy

Health Savings Accounts (HSAs) are a powerful way to save for medical expenses while enjoying significant tax advantages. The below video breaks down how HSAs work and how you can make the most of them.

What is an HSA?

How to Use an HSA

Key Resources:

Here are the plain URLs for the resources mentioned in the HSA Accounts landing page:

Frequently Asked Questions

What are the annual contribution limits for HSAs?

For 2025, the contribution limits are $4,150 for individuals and $8,300 for families. Check the IRS for yearly updates.

Can I invest my HSA funds?

Yes, many HSAs offer investment options, allowing you to grow your balance for future healthcare needs.

How does an HSA differ from an FSA?

HSAs are more flexible, offering rollover and investment options, whereas FSAs typically have a "use-it-or-lose-it" policy.

Maximize Your HSA

An HSA is not just a savings account—it's a tool for managing healthcare costs and planning for the future. Watch the video above to learn how to leverage your HSA for maximum benefit.