HSA (Health Savings Account)
A savings account tied to a high-deductible health plan with triple tax benefits: pre-tax contributions, tax-free growth, and tax-free withdrawals for medical costs. No other account does all three.
By Findley's Finance · Last reviewed: September 2026
Why it matters
The HSA is the best tax deal in the code and most people waste it as a healthcare checking account. The wealth-building move: pay medical bills out of pocket, save the receipts, invest the HSA balance, and reimburse yourself years later tax-free. For 2026 the contribution limit is $4,400 for individual coverage and $8,750 for family, plus a $1,000 catch-up at 55. After 65 it doubles as retirement money, working like a Traditional IRA for non-medical spending.