E.g., 04/17/2021
E.g., 04/17/2021
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Health Savings Accounts (HSAs) were established in 2003, as part of the Medicare Prescription Drug, Improvement, and Modernization Act, and have since become an increasingly popular option for consumers and employers seeking to manage their healthcare costs.
Health savings accounts offer taxpayers one of the most favorable ways to save money. With contributions that are tax-deductible and distributions that are tax-free as long as they're used for qualifying medical expenses, HSAs offer a double benefit that you won't find with IRAs, 401(k)s, or most other types of tax-favored accounts.
Financial planning is important throughout your life. Making sure you have basic protections in place, such as any life, health-related and disability insurance, to protect your assets is essential.

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