An HSA account is often offered alongside your employer’s high-deductible health plan and it’s often said to be triple tax-advantaged: You can contribute to them on a pretax or tax-deductible basis, which includes avoiding FICA taxes, and your savings grow free of taxes over time. You can also make tax-free withdrawals to cover qualified medical expenses. The attached white paper takes a deeper dive into just how powerfully that helps accumulate wealth long-term.
