Unexpected medical expenses can put a strain on your finances, especially if you’re not prepared. That’s why many people choose a Health Savings Account (HSA). HSAs allow you to set aside pre-tax money to cover eligible healthcare costs. Plus, they offer additional benefits—you can invest your HSA money tax-free, and your HSA funds stay with you even if you change jobs or health plans.

This short video breaks down the basics of HSAs and why they can be a powerful tool for managing your health and budget. You’ll learn:

• What an HSA is and how it works
• The key tax advantages of an HSA
• How HSA funds can be used
• How to find out if you’re eligible for an HSA and how to set one up

Want to better understand your health benefits?

Learn more about how your health insurance works and how you can get the most from it by watching our Health Plan Basics playlist.