Wallet Watch: Health Savings Accounts
By Annette Newell
Monday, September 22, 2008
People are cutting back on expenses: even the normally recession proof medical care.
In wallet watch: Forbes says many folks are not taking advantage of one way to save on health costs: health savings accounts, or h-s-as.
They’ve been available since 2004.
h-s-as allow people to save pretax money, to pay for health expenses anytime for the rest of their lives.
The money can earn interest.
In 2009: the maximum contribution you can make will be three thousand dollars for individuals and $5950 for families.
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