TITLE

Health Savings Accounts Help Manage Rising Costs

AUTHOR(S)
Haddad, Lisa
PUB. DATE
June 2007
SOURCE
South Carolina Business;Jun2007, p25
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article presents information on Health Savings Accounts (HSA), a savings account which allows people to set aside pre-tax or after-tax income for future medical expenses. These funds can be invested in an individual's choice of stocks or mutual funds, or they can be managed like a traditional savings account. To open an HSA, members must participate in an HSA-qualified health plan,which must meet certain requirements set by the U.S. Internal Revenue Service.
ACCESSION #
25470546

 

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