Health savings accounts : How Does Health Savings Accounts Works
What is Health savings accounts Health savings accounts are used to save money for future medical expenses. Discover how these plans work. Health savings accounts (HSAs) are like personal savings accounts, but the money in them is used to pay for health care expenses. You — not your employer or insurance company — own and control the money in your Health Savings Accounts. The money you deposit into the account is not taxed. To be eligible to open an Health Savings Account, you must have a special type of health insurance called a high-deductible plan. How Does Health savings accounts works Some employers that offer high-deductible health plans also offer HSAs. If yours doesn’t, you can open a separate Health … Read more
