Health Savings Accounts
Health Savings Accounts benefit taxpayers who are enrolled in a High Deductible Health Plan. The money deposited into the HSA does not get taxed by the federal government. Therefore, you can use the funds to pay for any health expenses that qualify without federal tax penalties. HSAs allow you to pay for your current health needs, while saving for your future health needs as well, all tax free.
This is a new health insurance alternative! You control and decide where best to spend the money in your HSA account. It gives you the option of shopping around for the best prices in the medical field. You also decide where you want the money invested while it remains in your account. Unlike an FSA, all remaining funds roll over year after year.
Combine a Health Savings Account today with your current compatible insurance plan. If you need both an Individual Health Insurance Plan and a HSA, firstpreferredhealthinsurance.com/preview can shop for your best plan to start saving tax-free dollars.
Call now or fill out the form to start funding your Health Savings Account today with pre-tax dollars, ultimately reducing your taxable income.