Health Savings Account
A Health savings accounts (HSAs) is a tax-advantage personal savings account that can be used to pay for medical, dental, vision and other qualified expenses now or later in life. To contribute to an HSA you must be enrolled in a qualified high-deductible health plan and your contributions are limited annually. The funds can be invested, making it a great addition to your retirement portfolio. If your employer offers payroll deduction, you’ll see immediate tax savings on your contributions.