Health Savings Accounts
News, insights and expert analysis on health savings accounts from the team at Kiplinger.
Latest
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HSAs Make Healthcare More Affordable
Healthcare Tax-advantaged health savings accounts allow you to save for a broad range of short-term and long-term medical expenses.
By Emma Patch Published
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The Ultimate Retirement Savings Account? Surprise, It’s an HSA!
health savings accounts Health savings accounts are the best deal out there for anyone saving not just for health expenses, but for retirement too. Here’s how to make their tax advantages work for you now and in the future.
By Kevin Webb, CFP® Published
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The One Account That Every Millennial Should Consider
health savings accounts One of the best investments you can make, with incredible tax-fighting potential, is something many people overlook or don’t even know about.
By Justin Champlain, CFP® Published
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Smart Year-End Move: Manage Your Employee Benefits
Financial Planning For 2021, employers may provide a 12-month grace period for both types of flexible spending accounts.
By Rivan V. Stinson Published
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COVID-19 Home Test Kits and PPE are Tax Deductible
Tax Breaks You can also pay for home testing kits and personal protective equipment with FSA and HSA funds.
By Rocky Mengle Published
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20 Ways to Save on Health Care
health insurance From maximizing insurance benefits to shopping for discounts to funding tax-advantaged accounts, these tips will lower your costs no matter how you get your care.
By Lisa Gerstner Published
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"Above-the-Line" Deductions for Your 2021 Tax Return
Tax Breaks If, like most people, you claim the standard deduction instead of itemized deductions on your return, there are still many other tax deductions available that could save you a lot of money.
By David Muhlbaum Published
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5 HSA Benefits You Might Not Know About
health savings accounts Health savings accounts are an often-misunderstood and overlooked opportunity for American workers. Here’s why they are worth a close look during this year’s open enrollment period.
By Rob Grubka, Fellow in the Society of Actuaries Published
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HSAs Get Even Better
Financial Planning A health savings account is a powerful, tax-advantaged tool to cover out-of-pocket medical expenses and a smart way to save for medical expenses in retirement. New rules in 2020 let HSAs and flexible spending accounts (FSAs) cover even more of your health expenses.
By Lisa Gerstner Published
Financial Planning