It’s not a well-kept secret healthcare costs have risen faster than wages for many years. To protect their bottom lines, many employers have shifted the burden of paying for healthcare to employees.

Health Savings Accounts (or HSAs) offer more than just tax advantages for medical expenses. You can also invest any idle cash ...

I calculated that if I continued to max out my account and invest my HSA dollars for the next 30 years, it could mean about a $200,000 difference in net worth. If used strategically, an HSA can be ...

How much money can I contribute to my HSA account? A. Individuals enrolled in self-only coverage can contribute $3,850 while those enrolled in family coverage can contribute $7,750 in 2023. Q.

Make the Most of Your HSA Benefits and Investments in 2024 Also, Morningstar’s rankings of the best health savings account providers and a breakdown of the HSA triple-tax advantage.

Delaying reimbursement from a health savings account can be a good way to boost your long-term savings. First, pay for a qualified medical expense out-of-pocket with a check, debit card, or credit ...

Key points: A health savings account — or HSA — is a tax-advantaged account that helps you pay for your medical expenses. You can contribute to an HSA only if you have a high-deductible health ...

A health savings account, or HSA, can be a great way to recognize potentially significant tax savings—if you’re eligible.. When you sign up for health insurance through your employer or the ...

“My top tip for maximizing your HSA by year-end is to understand that your HSA is actually a powerful retirement account in disguise,” said Amy Spurling, founder of Compt, a software platform ...

Meanwhile, an investor who used after tax dollars to contribute to a taxable brokerage account would steer $4,500 into the account — the $6,000, less taxes, assuming she’s in the 25% income ...

When my employer switched HSA providers in 2025, I attempted to combine my accounts. I ultimately abandoned the complex process, but not without a major takeaway: Pay attention to fees.

Initiating an HSA transfer prompted me to look into the fees associated with the accounts. Next, I calculated how much I could owe in fees by the time I retire. I didn't make any changes, but it's ...