,news,newsnation,unbias,national news,us,gcR0nkanG_Q,UCCjG8NtOig0USdrT5D1FpxQ, Business,Society, channel_UCCjG8NtOig0USdrT5D1FpxQ, video_gcR0nkanG_Q,Do you want an easy way to save money and pay less taxes? Try a health savings account. NewsNation’s Safia Samee Ali breaks down what an HSA is and if it’s a good idea for you. MORE: https://trib.al/H3avW1P
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It’s open enrollment season and that means millions of Americans are deciding on health insurance. For many, choosing a plan that allows for a tax-advantaged health savings account (HSA) could be a good option.
A health savings account (HSA) lets those with a high-deductible health plan set pre-tax money aside to pay for medical expenses, from Band-Aids and Tylenol to doctor office visits.