A Health Savings Account (HSA) allows you to set aside money on a pre-tax basis from your pay check to help you pay for eligible medical, prescription drug, dental, and vision care expenses.
HSA funds are always yours, even if you separate from the Company. You can use this account as a way to save long-term for future healthcare needs.
In 2023, you can contribute $3,850 with individual coverage or $7,750 with family coverage.
If you are age 55 or older, you may contribute an additional $1,000.