When it comes to HSAs, the main question is, “What’s in it
It’s no secret that health savings accounts (HSAs) have struggled to gain significant traction with consumers. In fact, approximately 30 percent of employees who select a high-deductible health plan do not elect to open an HSA, thus forgoing the triple tax benefits afforded health savings accounts.
- What are the bottom-line tax benefits for HSAs?
- How can an HSA help you achieve your retirement goals?
- How can employers help encourage HSA activity?
Source: 2020 study of Harland Clarke employees