By Paul Schmitt
With congress and politicians posturing on the future of the Affordable Care Act, one aspect that is not controversial is the use of Health Savings Accounts (HSA). HSAs are tax advantage accounts for individuals looking to put money aside for certain future medical expenses. Mike Walston from Robertson Ryan & Associates in Kewaunee says utilizing an HSA is a great way to counter high deductibles.
HSAs can be used for out-of-pocket medical, dental, and vision. HSAs can’t be used to pay health insurance premiums.