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HSA

A Health Savings Account is a tax-advantaged account for medical expenses available to those with a high-deductible health plan. Contributions are tax-deductible, growth is tax-free, and qualified withdrawals are untaxed.

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Related finance terms

  • 401(k) match
  • APR
  • APY
  • Adjusted gross income
  • Amortization
  • Capital gains tax
  • Compound interest
  • Debt avalanche
  • Debt snowball
  • Depreciation

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