Tax-Advantaged Savings for Greater Peace of Mind
Having savings for health emergencies gives you the peace of mind of not having to face unexpected medical bills without a plan. Health Savings Accounts (HSAs) allow you to handle immediate medical emergencies while providing a tax-advantaged way to accumulate future savings if you don’t need the funds.
- Tax-free way to pay for qualified medical expenses
- Competitive interest – higher than regular savings
- No “use it or lose it” policy
- Funds are easy to access for healthcare expenses
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Disclosures
This is intended to provide general information on federal tax laws governing HSAs. It is not intended to provide legal advice or to be detailed explanation of rules or how such rules may apply to your individual circumstances or under state laws.
For specific information, you are encouraged to consult your tax or legal professionals. IRS Publication 969, Health Savings Accounts and Other Tax-Favored Plans, the instructions to IRS from 8889, and the IRS’s website, www.irs.gov, may also provide helpful information.