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    Health Savings Accounts

    News, insights and expert analysis on health savings accounts from the team at Kiplinger.

    Latest

    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.

    health savings accounts
    • A person sitting at a desk, holding a pen, with a calculator, piggy bank and a stack of coins

      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.

      Financial Planning
    • null

      IRS Allows Mid-Year Changes to Health Plans, Expands FSAs and More

      taxes The added flexibility should help workers deal with unexpected medical and dependent care expenses from the coronavirus outbreak. But not every employee will benefit from the new IRS rules.

      taxes
    • A person sitting at a desk, holding a pen, with a calculator, piggy bank and a stack of coins

      Best Health Savings Accounts for Your Money

      savings If you use money outside of the HSA to pay medical bills now, you can build up cash tax-free for future medical expenses.

      savings
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