An argument for contributing the max…

If you can afford to contribute the maximum, it's a good idea to do so. For starters, your contributions carry over from year to year, so if you end up having low medical expenses for the year and don't spend all your available HSA money, it's still yours. This might come in handy for when you might have a year with higher medical expenses.

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You can take your HSA with you if you change jobs…

So you don't have to worry about losing your balance if you quit or get laid off or fired. And if you do find yourself between jobs and without health insurance, or paying expensive COBRA premiums, your HSA can help reduce healthcare expenses during that transition.

The more you contribute, the more your HSA balance can grow when you put it in an interest-bearing account or invest it.

And, any gains are yours to keep, tax-free. This growth helps your HSA balance increase faster than a standard savings account -- sort of like a 401(k) of healthcare savings.

While most HSAs will earn a standard interest rate over time, account holders can also invest these funds through a bank or investment firm into a variety of securities like mutual funds, stocks, bonds and more.

While some of these options may require a fee to invest, they typically will help HSA funds grow far faster than standard interest rates.