As the 2025 health insurance open enrollment period kicks off — lasting from November 1, 2024 through January 15, 2025 — many consumers may be considering opening a Health Savings Account (HSA) ...
Health savings accounts (HSAs) have many benefits, including tax breaks, balance rollovers, portability, investment opportunities and family sharing. Drawbacks of HSAs include tax penalties for ...
An HSA has a unique triple tax benefit: Your contributions reduce your taxable income Any investment growth within the account is tax-free Qualified withdrawals (that is, ones used for medical ...
Today on Wealth! Host Brad Smith covers a wide range of market-moving topics. Yahoo Finance Reporter Alexandra Canal tackles the top market stories, including the rise in crypto and the declines ...
Only about one-third (34%) of employees with access to an HSA have enrolled in the benefit, according to the new MetLife U.S. Employee Benefits Trends Study. Health savings accounts have become ...