September 2024
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Health Savings Accounts
If you are enrolled in only one health insurance plan and it has a high deductible, you are probably eligible to open a Health Savings Account (HSA). An HSA is a type of savings account that lets you set aside money on a pre-tax basis to pay for qualified medical expenses. The deductible is the dollar amount you have to pay before your insurance starts picking up certain costs. By using untaxed dollars in an HSA to pay for deductibles, copayments, coinsurance, and some other qualified medical expenses, you may be able to lower your out-of-pocket health care costs. HSA funds generally may not be used to pay premiums
Article | Publication Date Sort ascending |
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Is the Money on My Prepaid Card FDIC-Insured? | September 2019 |
Beware of Fake Checks | August 2019 |
Youth Money Management Goes Hand-in-Hand With Youth Employment | May 2019 |
Protecting Seniors from Financial Abuse | April 2019 |
Rewards Cards - Minimize the Pitfalls, Maximize the Benefits | March 2019 |
America Saves Week | February 2019 |
Considering Buying a New Vehicle? Know This! | February 2019 |
Tax Season and Your Refund Options | January 2019 |
Time to Take a New Look at Your Money Habits | December 2018 |
Shopping Online During the Holidays? | November 2018 |