Will my HSA make me money?

February 12, 2016

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Lauren
Lead Copywriter

 

 

Yes! Your HSA- or health savings account- will make you money, but not in the way you think.

Here are ways you can “make money” through your HSA:

-You can debit funds straight from your paycheck to your HSA on a pre-tax basis. This means you will save the money traditionally taken out for taxes.

-Your employer may contribute to you HSA. Make sure to ask. If they do, this is extra money for you!

-You can also deduct your HSA-approved purchases at the end of the year. This means you’ll end up paying less taxes at the end of the year.

If you want to learn more about HSAs, check out our handy blog posts here and here.