Health Savings Plan

Are you interested in reducing your income taxes and building an additional retirement account? With Health Savings Accounts you can do this and more. If you're currently enrolled in a high-deductible health insurance plan that qualifies to be combined with a health savings plan, you can participate in this highly desirable tax-favored savings account.

Understanding how it works is easy. An HSA basically works as a tax-free savings account for your health plan's deductibles. Depending on the size of your family, you can deposit as much as $2,650 for singles or $5,250 for families. Once you start putting tax-deductible dollars into this account, the money is yours to spend tax free as long as you spend it on qualified medical expenses. With your high-deductible plan, this would of course include any fees you incur from going to the doctor, purchasing prescription drugs, or paying other expenses toward your deductible. Also, you can use your account to cover other costs that aren't normally covered by your health insurance provider like dental expenses, maternity expenses, nonprescription medications and more. Visit HSA for America today to see what additional expenses are covered and if you're eligible.

If your insurance provider doesn't qualify for an HSA or you simply don't have insurance, this is not a problem. We offer instant HSA health insurance quotes from companies that offer medical savings plans . When you combine a HSA-qualified insurance plan with a health savings account, you can save a considerable amount of money on your health care costs. These accounts also encourage you to stay healthy. Any money left over in your HSA account that is not used for medical expenses is yours to keep! At HSA for America, we are committed to finding you the best value on the market. Visit us today: www.health--savings--accounts.com

Initiated in 2003, Health Savings Accounts were signed into the Medicare bill by President Bush. For more information from the US government, click here http://www.treas.gov/offices/public-affairs/hsa/ .