HSA's (Health Savings Accounts)

Health Savings Accounts (HSA) are similar to individual retirement accounts for medical expenses.  Both individuals and employers can contribute to an HSA for eligible individuals.  To be eligible for an HSA you:
1) Must be covered under a high-deductible health insurance plan.
2) May not be covered by any other health plan including Medicare.
3) Can not be claimed as a dependent on another person’s tax return.

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