When we combine the power of our HDHP and our HSA savings account, we save thousands of dollars every year on our health insurance spending!
What is a Health Savings Account (HSA)?
A few weeks ago, I talked about the benefits of high deductible health plans as a good alternative to traditional insurance. Today, I take a look at HSAs--a big component of those benefits.
An Introduction to High Deductible Health Plans (HDHP)
When shopping for health insurance, we have the option of traditional "co-pay" plans vs. high-deductible health plans. This is a brief introduction to HDHPs and why they may be the best move you make this year.
Mid-Week Links: Recession, Rental Taxes, and More!
I take a look a three recent posts on whether the recession is truly over, if renters should pay taxes, and investment options in your HSA account.