Tax

Health Savings Account (HSA)

A tax-advantaged account for medical expenses available with high-deductible health plans. HSA contributions are tax-deductible, growth is tax-free, and qualified withdrawals are tax-free.

Related Terms

Flexible Spending Account (FSA)
Tax-Advantaged Account

Related Calculators

Take-Home Pay Calculator

Understanding Health Savings Account (HSA)

Health Savings Account (HSA) is a key concept in tax. Understanding this term helps you make more informed financial decisions. Use our related calculators above to see how health savings account (hsa) affects your specific situation.