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Tag: Health Insurance

HSA vs. FSA: What’s the Difference?

HSA vs. FSA: What’s the Difference?

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The world of health insurance can be VERY confusing, especially if you are given the option of choosing between different plans. If you have the option of choosing between an HSA and FSA – both are tax-advantaged accounts – it’s important to understand the difference between the two.

What are HSAs and FSAs? Both are tools that can help you save for health care costs and also take advantage of tax benefits. 

Continue reading “HSA vs. FSA: What’s the Difference?”
Author Mickie Ann BudnyPosted on February 23, 2021February 23, 2021Categories Checking & Savings, Health Savings Accounts - HSA, Your LBC TeamTags Flexible Spending Account, FSA, Health Insurance, Healthcare, High Deductible Health Plan, HSA, IRS, tax-free

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