Health Savings Accounts (HSAs)

The open enrollment season for next year’s benefits elections is already underway.

Whether you’re an employee being faced with new health insurance options through your company plan, run your own company like me, or purchase individual health insurance, the choices you make regarding your health insurance are an important part of your 2008 financial strategy.
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… I found there are a lot of misconceptions about HSAs, including that if you don’t use the entire balance of your HSA before the end of the year, you forfeit it. That’s not true — with an HSA, there’s no “use it or lose it” rule.

Seven Things to Know About Health Savings Accounts,” by David Bach, Yahoo! Finance, October 22, 2007

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