The Definition of a Health Savings Account

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Tip 1 - Health Savings Account (HSA) Definition | Investopedia

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Health Savings Account (HSA) Definition | Investopedia

An account created for individuals who are covered under high-deductible health plans (HDHPs) to save for medical expenses that HDHPs do not cover. Contributions are made into the account by the individual or the individual's employer and are limited to a maximum amount each year.
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