What is an HSA/FSA account?Updated a day ago

A Health Savings Account (HSA) or Flexible Spending Account (FSA) is a tax-advantaged account you fund with pre-tax dollars to pay for qualified medical expenses. Because the money goes in before taxes are taken out, eligible purchases effectively cost you less.

HSAs are paired with high-deductible health plans and roll over year to year. FSAs are usually offered through an employer and may have an annual deadline.