Health Savings Accounts or HSAs help offset your out-of-pocket healthcare costs when you have a high deductible health plan (HDHP). Because of all the tax advantages that come with the account, it's a great strategy to save for medical expenses … Continue reading → The post Average HSA Balance By Age appeared first on SmartAsset Blog.
If you haven't filed your tax return for 2023 yet, it's time to kick things into gear. The filing date for 2024 is April 15 April 17 if you live in either Maine or Massachusetts and if you're.
If you have a high-deductible health plan, or HDHP, you might also have the option to use a health savings account, or HSA. An HSA is an account to which you can contribute pre-tax dollars, which you.
Healthcare is an unavoidable expense for many people. Read on to see how a 2024 change now lets you allocate more money toward healthcare in a tax-advantaged manner.