NYT: How to Take Advantage of a Health Savings Account

Health savings accounts offer valuable tax benefits and have become increasingly popular since they were introduced two decades ago. At the end of last year, about 36 million health savings accounts held $104 billion, up from about eight million accounts with almost $16 billion a decade earlier, according to Devenir, an H.S.A. investment and research company. More than a quarter of workers with employer health coverage were enrolled in high-deductible plans with health savings accounts in 2022, said KFF, a nonprofit health research group.

Read Full Article