This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. A health savings account (HSA) allows you to save and ...

In fact, if you're able to, a good bet is to fund an HSA during your working years but save your entire balance for ...

Learn how contributions to your health savings account (HSA) can be tax deductible, helping you save on healthcare expenses ...

Medical expenses can take a big bite out of your wallet. A couple of special accounts, however, are good remedies for both your doctor and tax bills. A medical flexible spending arrangement is a ...

The 5498-SA is the IRS form that reports all contributions to your HSA for the prior year (2023), including those contributed between Jan. 1 and the tax filing deadline of the current year. It also ...

The Treasury Department and the IRS released guidance earlier this month that outlines new tax benefits for Americans who own a health savings account (HSA) under the tax package that President Donald ...

Here's how to get a tax break on medical bills through an FSA or HSA, plus new 2025 contribution limits. Many, or all, of the products featured on this page are from our advertising partners who ...

So I set up an HSA last year to go along with my high-deductible health insurance from work. I have the HSA at the same credit union where the rest of my banking is done. The account is completely in ...

(1) HSA account owners that were HSA eligible on the first day of the last month of their tax year must meet a testing period (December 1 for calendar year taxpayers). This includes people that just ...

Forbes contributors publish independent expert analyses and insights. Danielle Seurkamp is CEO of Well Spent Wealth Planning in Cincinnati. Contributions are tax-deductible (or pre-tax if made through ...