Medicare Medical Savings Account (MSA) plans are self-directed medical spending accounts similar to Health Savings Account (HSA) plans. With MSA plans, you choose your doctor and pay from your MSA ...

MSAs and HSAs are both tax-exempt savings accounts. HSAs are associated with non-Medicare private insurance plans, while MSAs are linked to Medicare Advantage (Part C) plans. A person enrolled in a ...

An Archer Medical Savings Account (“MSA”) is a trust created exclusively for the purpose of paying qualified medical expenses of an account holder, 1 who is the individual for whom the Archer MSA was ...

Montanans can open a medical care savings account or make deposits into existing MSAs before Dec. 31 to reduce their state income taxes for 2024, according to Marsha Goetting, Montana State University ...

When Robert Payne, 61, needed back surgery last year, he said he wasn't worried about how to pay for it. Payne, a self-employed architect in Richmond, pulled $5,500 -- the amount of his health ...

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 ...

Herve Riel, a Manchester accountant, found out his health insurance premiums were about to rise some 35 percent, to nearly $1,000 a month. No surprises there. Since he is in his 60s, and is in the ...

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 ...

Amid the urgent debate over whether Congress will act to prevent cost increases for millions of people in 2026 marketplace ...

Learn about unique Medicare insurance benefits that can help retirees save on health care costs and make the most of their coverage during retirement.