Understanding HSAs: A Triple Tax Advantage

Health Savings Accounts offer unique triple tax benefits: tax-deductible contributions, tax-free growth, and tax-free withdrawals for medical expenses. For 2025, contribute up to $4,300 (individual) or $8,550 (family). Unlike FSAs, HSAs roll over annually and remain yours if you change jobs. After age 65, you can withdraw for any purpose (taxed like a traditional IRA). Pair with a high-deductible health plan to unlock this powerful savings tool.