Use a Health Savings Account (HSA)
HSA-eligible health plans can save you a bundle,” encourages Sande Drew of eHealthInsurance.com . The main draw is that they’re tax-deductible so not only does the money in your account grow tax-free, you can also withdraw it without paying taxes on it. Drew adds that the best way to take advantage of the tax break is by adding to your account regularly—you never know when you’ll need those funds so best to be prepared.
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