HSA (Health Savings Account)
A triple-tax-advantaged account for medical expenses available with high-deductible health plans.
HSAs offer a unique triple tax advantage: contributions are tax-deductible, growth is tax-free, and withdrawals for qualified medical expenses are tax-free. No other account type offers all three. The 2026 limit is $4,300 for individuals and $8,550 for families. After age 65, HSA funds can be withdrawn for any purpose (taxed as income, like a Traditional IRA) — making it a powerful supplemental retirement account.
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