Function

• An HSA allows you to save money tax-free to use for qualified medical expenses.
  
  

Qualified Medical Expenses

• The money you contribute to your HSA can pay your doctor, physical therapist and other medical professionals. You can even use your tax-free savings to buy some over-the-counter drugs, like pain relievers.
  
  

Tax Advantages

• You can take a tax deduction on your federal income tax for the amount you contribute to your plan, and your money can also grow tax-free within your HSA if you invest it.
  
  

HSA vs. FSA

• An HSA does not have a "use it or lose it" rule, as FSAs do. That means your money remains in your plan and can grow from year to year.
  
  

You Are in Control

• Use your HSA to pay your medical bills either now or during retirement. Or, save up enough to cover a higher deductible, and pay lower premiums on your health insurance.