How Health Savings Accounts and Flexible Savings Accounts Compare
Let’s admit it, medical bills can pack a punch. Just ask two of the biggest cinema monsters of all time. You know them well, King Kong and Godzilla. These two big dudes have done a lot of damage over the years; falling off skyscrapers, stepping on buildings. You name it, they’ve crushed it. Now, they both need medical attention for their bruises, but it’s going to cost big time. Well, if these fellas would stop screeching and growling, they might realize that a Health Savings Account (HSA) or Flexible Savings Account (FSA) can help them pay for their treatments. An HSA or FSA allows you to contribute income, before it’s taxed, to an account for medical expenses during the year:
Now, beat on your chest. These are smokin’ hot options that assist with medical expenses! So, Kong, wake up! You’re never going to get the girl. And ‘Zilla, you oughta pick on somebody your own size. You should just be glad that both of you will be able to pay for your doctor visits with the help of an HSA or an FSA. We’re sure you’ll go ape for all the benefits. #AchieveMore at www.achievefinancialgroup.com!