Who Is Eligible for Health Savings Accounts?

Answer A Health Savings Account (HSA) is a health insurance plan that combines a savings plan with a high deductible heath insurance policy. With an HSA, any contributions you make to the savings element ... Read More »

Top Q&A For: Who Is Eligible for Health Savings Accounts

Who offers health savings accounts?

A health savings account is a savings product that allows you to pay for current medical expenses and save for future qualified expenses on a tax-free basis. Health savings accounts are offered by ... Read More »

Do Aetna health savings accounts cover fitness centers?

Kate Prout with Aetna Market and Clinical Communications said members cannot use their Aetna health savings accounts (HSA) to pay for fitness memberships per Internal Revenue Code. Section 213 of t... Read More »

Do escrow accounts need to be in savings accounts?

Escrow accounts are held by third parties and are designed for savings so that bills, such as taxes for mortgages, can be paid, according to Lenders determine whether or not borrowers mus... Read More »

The Best Savings Accounts for Kids?

Providing kids with age appropriate financial education and giving them opportunities to earn, spend, save and even invest their own money can set them up for a lifetime of sound money management a... Read More »