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Health Savings Account

Health Savings Account (HSA) is an account that you can put money into to save for future medical expenses.  There are certain advantages to putting money into these accounts, including favorable tax treatment.

You can use the money in the account to pay for any “qualified medical expense” permitted under federal tax law.  This includes most medical care and services, dental and vision and over-the counter drugs, such as aspirin.
 
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