What is a Health Savings Account (HSA)?

A Health Savings Account (HSA) is a type of savings account that allows you to set aside pre-tax dollars (up to $3,450 per individual or $6,900 per family) to cover eligible medical expenses. An HSA can be used only if you have a High Deductible Health Plan (HDHP). Please check with your plan administrator to see if your plan is eligible for an HSA.

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