I have a high-deductible health plan and use a health savings account to pay for medical costs, but I missed out on using the account to save for retirement.
You probably think about your workplace 401(k), and maybe you even consider an Individual Retirement Account.
It's called a health savings account, or HSA for short.
What is a health savings account (HSA)?
AdvertisementDon't get me wrong, using your HSA to pay for medical bills is better than not using an HSA at all.
Persons:
—, It's
Organizations:
IRS, Service
Locations:
HSAs