THE SIMPLE GUIDE TO
The higher the deductible, the lower the premium. And that high-deductible health plan (HDHP) is also attractive because you can now get a health savings account (HSA) to further offset your medical costs.
Finding out these details and painstakingly checking the right boxes when signing up for an HSA during open enrollment is like cracking the code of a high-security (and high-deductible) door. But once you get past the door, you might be asking, “Well, what now? How does it even work? Where’s my promised treasure of a boost to my retirement plans?” Well, you’re not quite done yet.