Health savings account (HSA) rules for 2024

September 20,2024

HSAs offer powerful tax benefits but have strict rules about who can open one, how much you can contribute, what you can use the money for and more..
Key points A health savings account is a savings tool that can be used for short-term medical expenses, tax optimization and long-term investing. It offers a triple tax advantage and can even be used for retirement savings. But with the powerful tax benefits come strict rules. The federal government limits who can open an HSA, […]