Health savings accounts are a powerful wealth accumulation vehicle. They are one of the few account types with a triple tax benefit — tax-free paycheck deferrals, no taxes on account growth and ...

FSA means “flexible spending account,” and HSA means “health savings account.” They’re very similar ways of setting aside pre-tax dollars from your paycheck so that you can pay your ...

Dear Liz: Can I contribute additional money to my health savings account, above the amount I’m contributing through payroll deduction? Also, I have an HSA account from a previous employer and ...

Mylan has launched its generic version of GlaxoSmithKline’s respiratory blockbuster, Advair, at a 70% discount compared with the original drug. Cheaper competition to off-patent Advair has been ...

How are HSAs still being used – and what else is competing with them? We evaluated 10 HSA investment providers on the attractiveness of using their HSA accounts for spending to cover current ...

HSAs offer triple tax benefits and investment growth but require high-deductible plans. PPO plans reduce out-of-pocket medical costs but come with higher premiums. Choose HSAs for future savings ...

Lee Huffman spent 18 years as a financial planner and corporate finance manager before quitting his corporate job to write full-time in 2018. He has been writing about early retirement, credit ...

The author and editors take ultimate responsibility for the content. A health savings account (HSA) can be used to save for medical care or as a retirement savings account. You own your HSA funds ...

At the top of each year, many companies offer employees the option of putting tax-free money into a flexible spending account, or FSA, so you can use it on medical expenses over the course of the ...

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There may be gradual rate reductions, but you can still earn meaningful interest in a high-yield account. Many, or all, of the products featured on this page are from our advertising partners who ...