4 Reasons to Contribute to Your Health Savings Account (HSA)

4 reasons to contribute to your HSA The Health Savings Account (HSA) that pairs with your high-deductible health plan can be a powerful savings tool — but only if you put money into it! Here’s why it pays to contribute: It’s your money — for life The money you put into your HSA never expires. This means it’s yours even if you change jobs or retire. Your financial safety net grows If you build your HSA balance you can more easily manage both expected and unexpected healthcare costs. There are tax savings You can put money into your HSA, use it to pay for IRS-qualified healthcare expenses, and earn interest on it tax-free.1 You can invest your HSA funds Investing your HSA funds can help you grow your savings. Plus, you can still access the HSA funds you’ve invested at any time, meaning your money is always there if you need it. 1 2 3 4