Health Savings Account Blog

You can find a list of HSA Administrators, as well as information on fees, interest rates, and investment options. If you want your money invested in an interest-earning savings account, choose one with lower or zero fees. You can also place your HSA funds with an administrator offering investment options.

There are three ways you can fund your HSA. You can contribute to your HSA only when you incur health-related expenses, and immediately withdraw funds to reimburse yourself. That way, you are making your health-related expenses tax-deductible. You can also fully fund your HSA, and let what you don’t need for health-related expenses grow tax-deferred. Another alternative is to fully fund your HSA, but pay your health-related expenses from a different account and reimburse yourself at a later date. This lets you maximize your tax deduction, and maximize the tax-deferred growth of your HSA. Check out Maximize Your HSA newsletter for more information.

At HSA for America, you can learn all about Health Savings Accounts, and take control of your health-related expenses. Like a more personal approach? Just call our Personal Advisors at 866-749-2039 to schedule a no-cost consultation. Our experts have worked with HSA plans for years, and are happy to answer your questions about how a Health Savings Account can save you money.