A Health Savings Account (HSA) gives you more control over your healthcare financing. Health Savings Accounts are combined with an HSA-compatible health plan to offer a more affordable approach to healthcare.
HSA Compatible Health Insurance plans typically provide lower premiums and the HSA Savings account provides tax benefits when contributions are made. Money can be withdrawn Tax-Free from the Health Savings Account to pay for qualified expenses. If you do not need to withdraw the money from the Health Savings Account,it continues to grow on a Tax-Deferred basis.
Lower insurance premiums combined with using tax-free money can lead to significant savings. Read more about HSA Accounts from the United States Department of the Treasury Website.
Please feel free to contact us for information abou HSA-Compatible Health Insurance, or about setting up an HSA Savings Account...