Key Points ・HSAs and FSAs both help you pay for medical expenses with pre-tax dollars. ・HSAs offer long-term savings and ...

Many people set aside money for health expenses through FSAs and HSAs. But confusion about how these accounts work is common— and it can cost you. If you've ever rushed to spend your FSA dollars ...

HSAs are tax-advantaged accounts, so the government limits how much you're able to save in one. In 2025, you can save up to ...

One of the most common notices from the IRS that my clients receive relates to distributions from their Health Savings Accounts (HSA). It is important to properly report these distributions from the ...

Hot tub purchases and bicycles for physical therapy are among the unusual HSA reimbursements, but experts warn that one ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South ...

Health savings accounts can be valuable components of individuals’ savings toolkits, especially for those who can afford to pay their actual healthcare expenses out of pocket while leaving their ...

There are different accounts you can use to save money in a tax-advantaged manner. IRAs and 401(k)s are popular retirement savings accounts that offer different tax breaks. A health savings account, ...

ROCHESTER, N.Y. — As open enrollment season is underway, many people are making decisions about their insurance plans for the upcoming year. If you’re considering a high-deductible insurance plan, you ...

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 ...

Health savings accounts can be valuable components of individuals’ savings toolkits, especially for those who can afford to pay their actual healthcare expenses out of pocket while leaving their ...