Health savings accounts or HSAs have been around since 2004 but are rapidly becoming more popular since the economic downturn in 2008. According to the Health Savings Account Rules an HSA is designed to be paired with a High Deductible Health Plan (HDHP) that has a deductible of at least $1200 for an individual or [...]
When I initially looked at the Health Savings Account it seemed like a no brainer. Set aside money in a tax advantaged account instead of throwing it away on health insurance premiums. It makes perfect sense for our family. We tend to be light consumers of health care services with the majority of our costs [...]
When I first looked at a Health Savings Account I had a hard time seeing why everyone wouldn’t have one of these instead of traditional health insurance. Basically if you spend much less on health insurance because you have a high deductible health plan (hdhp) and the money saved can be deposited into the health [...]
