An easy-to-understand guide to HSAs for people opening one for the first time.
Let’s face it: Medical bills can be ridiculously expensive. Anyone who's ever broken an arm, had a baby, spent time in the emergency room, or stayed a few nights in the hospital knows this very well.
Both a HSA and a 401(k) are for tax-advantaged savings—the former for health expenses only, and the latter for retirement.
You must be enrolled in a high-deductible health plan to be eligible for an HSA. Funds in an FSA must be used up within the plan year or the grace period. HSAs can act as secondary retirement accounts ...
Created more than two decades ago, health savings accounts are a popular way for consumers to get tax breaks while saving for medical expenses. But could these accounts take on a larger role in how ...
MSAs and HSAs are both tax-exempt savings accounts. HSAs are associated with non-Medicare private insurance plans, while MSAs are linked to Medicare Advantage (Part C) plans. A person enrolled in a ...
Staff and faculty enrolled in the new Duke Advantage High-Deductible Health Plan will gain access to tax-advantaged savings for medical expenses Beginning in 2026, Duke staff and faculty will have a ...
Self-employed individuals, such as small-business owners and independent contractors, are always looking for ways to reduce their tax bill and better manage healthcare costs. One often overlooked ...