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 ...

You've probably heard your financial advisor or workplace benefits coordinator mention health savings accounts before. Maybe ...

Forbes contributors publish independent expert analyses and insights. Catherine Brock covers personal finance and investing. Healthcare costs can be the wild card of your household budget—given that a ...

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

With an HSA, you get to decide how much to spend and how much to save for retirement. It's possible to invest the funds in your HSA, allowing them to take advantage of compound interest. As long as ...

Health Savings Account contributions are tax-free and withdrawals are tax-free when used for qualified medical expenses. Single individuals can contribute up to $4,300 yearly while families can ...

Both a HSA and a 401(k) are for tax-advantaged savings—the former for health expenses only, and the latter for retirement.

A health savings account (HSA) offers a tax-advantaged way to save for healthcare expenses while providing flexibility and control over how you manage your medical costs. The benefits of a health ...

HSAs let you set aside money for healthcare expenses in a tax-advantaged fashion. Investing your HSA for many years could grow your balance into a larger sum in time for retirement. Data shows that ...