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Why you need a health savings account

A health savings account (HSA) provides a triple tax break while working and then an extra savings account in your retirement. How? Your contributions to it are with pre-tax income, your savings grow tax-free, and you can use funds for qualified medical expenses tax-free. However, there is one catch; you must have a high deductible health plan. To find out more on what is an HSA and why if you qualify do you need one, click here…

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