My company is currently in the process of its annual enrollment campaign for employee benefits.  Even though HSAs were an option last year, this year, the company is providing financial incentives to enroll in HSAs, instead of steering folks to the more traditional HMO and PPO plans that have been offered for several years.

Many folks still have questions about HSAs and are looking for more information. 

David Bach has written an article for Yahoo! Finance that outlines 7 things that people should know about HSAs.  Please click this link to read more.

Seven Things To Know About Health Savings Accounts


When comparing my company's options, I found that it was beneficial to my family to enroll in an HSA.  HSAs are best for people who are looking for additional tax-deferred savings options and have relatively low medical expenses from year-to-year.  My company even matched some of my contributions to the HSA. 

One nice benefit of HSAs are that the savings accounts roll over from year-to-year, so you do not need to use your entire account in one year or lose the funds.  Another nice benefit is that the accounts are portable, so that if you change jobs, you have the ability to take the funds with you.

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