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An HSA is a type of savings account that lets you set aside money on a pre-tax basis to pay for qualified medical expenses.
Qualified expenses include doctor’s visits and most items purchased at the pharmacy including over-the-counter medications and other products you use to diagnose, prevent or treat illness.
You can even use your HSA to pay tax-free for dental and vision care.
What’s more, the money in your HSA can be saved and invested over time. The balance stays with you year over year and you can use the funds from your HSA to reimburse yourself for qualified medical expenses at any time – all tax-free.
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