What is a Health Savings Account (HSA)? An HSA is a tax-advantaged savings account, like an IRA, tied to a high deductible health insurance plan. The health savings account may be used to pay for deductibles, coinsurance and other qualified healthcare expenses (Section 213(d) of the Internal Revenue Code), on a tax-free basis. Unlike other [...]
Posts Tagged ‘Deductible Contributions’
Choosing a Health Insurance Plan to Benefit Your Health
November 7th, 2009
admin The health insurance market offers lots of choices these days. Choices are great because individual and family health needs are diverse. However, with so many choices, it can be hard to understand which plan will be the best one for you and your family. Let me try to explain the most common health plans in [...]
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