Hello, Do anons know what the difference between Health Savings

You seem to think the govt has your best interest at heart. Get out of that mindset if you want to survive in this world. Also go HSA

I believe a HSA is what low life companies offer when they don't care enough about you to offer real fucking insurance. Basically they put some money aside each week into a savings account. When you have a medical emergency you can draw money out of it to pay (ONLY) medical bills.
Get another job that cares about their workers. I don't know what the other is.
They probably offer to match "up to 10 dollars" a week for retirement too? lol

>>17805467

Don't know about FSAs, but I do know an HSA can double as a retirement account. At some age (I think 65 but I'm not sure), the HSA money can be spent on whatever you please and the appreciation is untaxed. Put another way, they are doubly tax advantages IF you treat it like a retirement account. There are stiff penalties if you take out money for non-health expenses before then.

You lose the money in the FSA if not used by the end of the year

you can only have an HSA if you're not already on some other insurance plane

the government offers these tax advantaged accounts to encourage SAVING and long term INVESTING
otherwise you'd go out and spend it on worthless shit you massive nigger

>>17805620
This nigger knows this shit.

HSA: Only if you have a high deductible medical plan. Money rolls over.

FSA: You have to spend money on medical expenses by March of next year.


How does this shit encourage saving and investing? I could be saving lives by doing my job rather than spending haf a day reading about this shit.