Health savings accounts (HSAs) and flexible spending accounts (FSAs) both offer valuable tax-savings opportunities when you use them to pay for eligible health care expenses, but there are important ...
Jessica was a writer on the Wellness team, with a focus on health technology, eye care, nutrition and finding new approaches to chronic health problems. Expertise Public health, new wellness ...
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Saving for unexpected medical expenses: HSA vs. FSA
In the United States, the cost of healthcare can be a significant financial burden. With medical expenses often being unpredictable, having a dedicated savings plan is essential. Two popular options ...
You must be enrolled in a high-deductible health plan to be eligible for an HSA. Funds in an FSA must be used up within the plan year or the grace period. HSAs can act as secondary retirement accounts ...
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