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What is a health savings account (HSA)?

A health savings account (HSA) is one of the best ways to save for qualified medical expenses and any earnings are tax-free 1 along the way. Open an HSA Looking for an HSA for your business or clients?

What should I know before enrolling in a health savings account?

Before enrolling in a Health Savings Account, it’s important to understand the eligibility requirements and anticipated out-of-pocket costs. HSA Bank provides a Plan Comparison Calculator designed to help you determine if an HSA is right for you and your budget.

Are HSAs a good investment account?

Morningstar rated 10 retail HSA providers for two distinct use cases: HSAs as a spending account to cover current medical costs and HSAs as an investment account to save for the long term. Results published in 2019, 2020, 2021, 2022, and 2023 Health Savings Account Landscapes. 4.

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