answersLogoWhite

0


Best Answer

A health savings account (HSA) is a tax-advantaged medical savings account available to taxpayers in the United States who are enrolled in a high-deductible health plan (HDHP).[1][2] The funds contributed to an account are not subject to federal income tax at the time of deposit. Unlike a flexible spending account (FSA), funds roll over and accumulate year to year if not spent

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How does one get a healthy savings account?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Where can one get a Halifax savings account?

There are many places that one can get a Halifax savings account. A Halifax savings account can be researched through local newspapers in Halifax. One could also contact Halifax to learn more on how to obtain a savings account.


What's one difference between a checking account and a savings account?

savings account earns interest.


How does one get an Abbey Savings Account?

You can get an Abbey savings account through banks such as Santander. You can also compare the savings you would receive from using an Abbey savings account online at websites such as Monevator.


What do savings account payday loans usually give?

Savings account payday loans allows one to get payday advances. If one has an emergency, one can easily get a cash advance in a few minutes. The funds are then deposited in one's savings account.


What different Capital One accounts are there?

There are two different account for Capital One users. These two accounts consist of a chequeing account and savings account. The savings account accumulates greater interest.


How can one open an ING savings account?

One can open an ING savings account by going to the official ING Direct website. From there one simply needs to click on the 'Savings' link and then select 'Apply'.


How can one build their savings account?

One can build their savings account a several different ways. One common way of building a savings account is to put a designated amount of money into it every month. Another way to build a savings account is to put in any unexpected money into it that a person might receive, such as, gifts or tax returns.


Savings account A has 1500 and pays 3.5 percent interest yearly Savings account B has 1400 and pays 4 percent interest yearly The savings account that earned the most interest after one year is?

Account B


How do I start a college savings account in Ohio?

There are many banks that one could start a college savings account from, however if you go to collegeadvantage.com they can help assist you with a 529 college savings account in Ohio.


What distinguishes a direct savings account from a standard account?

A direct saving account is very similar to a standard account. One of the differentiating features is that a direct savings account has a higher interest rate.


How much does it cost to open a savings account with INTRUST bank?

There is no cost to open a savings account at INTRUST; there are minimum that are needed to open one. For Money Market the minimum is $5,000.00, for a regular savings account, $100.00 and for the Youth Savings Program, $10.00


What is the minimum deposit to open a savings account with SunTrust?

The minimum deposit required in order to open a savings account with Sun Trust in one hundred dollars and with this you can start your own savings account with Sun Trust.