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Media Coverage

Oct 26, 2015 How to use your Health Savings Account (KARE 11 TV)

Aug 25, 2015 5 tips for understanding HSAs and FSAs as enrollment season nears (bizjournals.com)

Jul 24, 2015 Using a health savings account for medical costs — and retirement (latimes)

Jul 17, 2015 When Using a Health Savings Account, Know What Is Eligible (nytimes.com)

How to use your Health Savings Account

It's that time of year! No, we're not talking about the impending holidays, we're talking about health care enrollment. The very idea has some people groaning, but there are some simple things we need to know to benefit us financially.

Visit kare11.com for more information.

5 tips for understanding HSAs and FSAs as enrollment season nears

By Jeremy Miller, Contributing Writer, August 25, 2015

Employee benefit open enrollment is right around the corner.

Each year is an opportunity to save money and time while preparing for health care expenses now and in retirement.

Tax-advantaged spending accounts called health savings accounts (HSAs) and flexible spending accounts (FSAs) help do this.

Visit bizjournals.com for more information

Using a health savings account for medical costs — and retirement

By Lisa Zamosky

When AT&T switched his health plan several years back, project manager Dave Eis says he found himself with only one option — a high-deductible plan. Today, he sees it as a good thing.

"Cost-wise I didn't perceive it as negative, because it lowered my premiums. My monthly premiums probably went at the time from $250 down to $60 per month," he says.

Visit the latimes.com for more information

Your Money Adviser

By Ann Carrns, July 17, 2015

HEALTH savings accounts are becoming more prevalent, but it’s not always easy for consumers to know what items they can purchase with funds from the accounts.

H.S.A.s are special tax-favored savings accounts that must be paired with a specific type of health insurance plan that meets certain criteria, including a high deductible. The accounts can be used to cover your plan’s deductible, co-payments and treatments your plan doesn’t cover, like dental care or acupuncture. Deposits are tax-free and withdrawals are, too, as long as the funds are spent on eligible medical expenses. Money in the account rolls over year to year if you don’t spend it. And unlike other types of health spending accounts, H.S.A.s go with you if you get a new job.

Visit nytimes.com for more information