Tag: HSAs
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Health Savings Accounts (HSAs): A Smart Way to Save on Medical Expenses
Introduction to Health Savings Accounts (HSAs) Health Savings Accounts (HSAs) are financial tools designed to assist individuals in saving for medical expenses. Introduced as part of the Medicare Prescription Drug, Improvement, and Modernization Act of 2003, HSAs have since become a popular method for managing healthcare costs. An HSA is a tax-advantaged account that allows…