Health Savings Account
May 28, 2010When health savings accounts (HSAs) first came along, critics said that these tax-favored accounts, which must be combined with high-deductible insurance plans, would mainly benefit the healthy and the wealthy. Health Savings Accounts are an excellent way to build a second retirement account. These tax-favored accounts, which have only been available since January of 2004, can be opened by anyone with a qualifying high-deductible health insurance plan. Visit usafact.org for HSA.
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