Taxes and Business Strategy
Health Savings Accounts (HSAs) are tax-advantaged savings accounts designed to help individuals save for qualified medical expenses. These accounts are typically paired with high-deductible health plans (HDHPs) and allow contributions to grow tax-free, providing a way to manage healthcare costs while enjoying tax benefits. HSAs encourage individuals to take control of their healthcare spending and can play a role in salary and wage planning as employers may offer them as part of compensation packages.
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