Health savings accounts (HSAs) (2024)

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New to an HSA? Learn the basics

An HSA is a tax-advantaged account that helps you pay for qualified medical expenses. The funds are yours to spend forever — even if you retire, change jobs or change health plans.

Tax savings

An HSA provides triple tax savings — contributions are not taxed, account growth through interest and investment earnings are not taxed, and withdrawals for qualified medical expenses are income tax free. It’s a win-win to save on health costs today, tomorrow and even through retirement.

Pay the smarter way

Your HSA card is a fast and convenient way to pay for qualified expenses while skipping the paperwork. From trips to the doctor to everyday care like cold medicine and first aid kits, simply pay using your HSA card and you're all set. Plus, you'll save up to 30% because you're using pretax dollars.*

Health savings accounts (HSAs) (2024)
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