Both an FSA and HSA lower your taxable income while providing a way for you to pay for health care costs, but they're not quite the same. This Coach will provide information on both types of accounts, guide you through estimating your healthcare costs, and suggest how much you should contribute to your HSA or FSA. Click Get Started to begin. Make sure you know your health insurance information and whether or not your employer offers an FSA. If you don't know, don't fret; the Coach will still be able to provide information based on your unique situation.
A Health Savings Account (HSA) is a savings account available to people enrolled in a high-deductible health plan. Money in an HSA is tax-deductible and can be used for qualified health care costs.
A Flexible Spending Account (FSA) is a savings account you put money into before taxes. That money can be used for eligible health care costs.
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