Best Health Savings Account
HSAs are a tax-friendly way for workers to pay medical bills today and well into retirement.

If your employer offers a health savings account, that’s usually your best bet. Your contributions will escape federal as well as Social Security taxes when made through payroll deduction. If you have health insurance on your own or your employer doesn’t offer an HSA, consider HealthEquity, which lets you choose among 17 low-cost Vanguard mutual funds and six Vanguard target-date funds for long-term investing. HealthEquity also offers an FDIC-insured savings account for short-term savings.
Kiplinger's Best List, 2017
- Best FAANG-less Stocks
- 3 Best International Mutual Funds to Play the Global Economic Recovery
- Best Ways to Make the Most of Rising Interest Rates
- Best Ways to Get Free Trades at Online Brokers
- Best Vales in Tech
- Best Health Savings Account
- Best Phone Plans for Every Type of User
- Best Benefits of Amazon Prime
- Best Ways for Investors to Play Defense
- Best Rewards Credit Cards
- The Best Bank for You
- Best Tax Software for You
- Best College Majors for Your Career
- Best College Savings Plan
It’s like a supercharged flexible spending account that never expires, and it can even serve as an extra retirement-savings fund. Most employers also add a few hundred dollars to the accounts each year as a bonus.
Unlike flexible-spending accounts, you don’t have to spend the money in an HSA by the end of the year. You can use the money tax-free for medical expenses anytime, even after retirement. In fact, you’ll get a bigger benefit from an HSA if you can use other cash to pay for current out-of-pocket medical bills and leave the money growing in the account for the long term.

Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.
-
Nvidia Earnings: Live Updates and Commentary August 2025
Nvidia's earnings event is just days away, and market participants are zeroed in on the AI bellwether's quarterly results.
-
Ten Cheapest Places to Live in Tennessee
Property Tax Moving to Tennessee might be within your reach. Homeowners in these counties pay some of the lowest property tax bills in the state.
-
Texas Sales Tax-Free Weekend 2025
Tax Holiday Here's what you needed to know about the Texas sales tax holiday.
-
Alabama Tax-Free Weekend 2025
Tax Holiday Here’s everything you need to know about the 2025 back-to-school Alabama sales tax holiday.
-
Amazon Resale: Where Amazon Prime Returns Become Your Online Bargains
Feature Amazon Resale products may have some imperfections, but that often leads to wildly discounted prices.
-
Best States to Buy Chocolate Candy Tax-Free
State Taxes There’s something spooky this Halloween, and it’s not just the ghouls. Find out if your state’s sales tax takes a bite out of sweet savings.
-
Florida Back-to-School Tax-Free Holiday 2025
Sales Taxes Everything you need to know about the two-week tax-free holiday in Florida.
-
Roth IRA Contribution Limits for 2025
Roth IRAs Roth IRAs allow you to fund your retirement with after-tax dollars while you're working, and then withdraw those contributions and earnings tax-free when you retire. Here's a look at 2025 limits and income-based phaseouts.
-
Four Tips for Renting Out Your Home on Airbnb
real estate Here's what you should know before listing your home on Airbnb.
-
Five Ways to a Cheap Last-Minute Vacation
Travel It is possible to pull off a cheap last-minute vacation. Here are some tips to make it happen.