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December 17, 2012 5:38 PM Subscribe
How do I get the most out of my new Health Services Account (HSA)?
posted by apip to Work & Money (8 answers total) 1 user marked this as a favorite
I recently started a new position and signed up for an HSA plan. Really, I don't know too much about it, but the way it was laid out for me (and from looking in to the program), it seemed to be a better deal than the PPO offered.
I was told that my HSA account could be used like an IRA -- put money in and then claim the medical expenses on my taxes. I was told I would have to set up an external account with a bank. This is what's confusing me. Which bank should I use with my HSA?
If anybody wants to get really specific, the plan I have is BlueCross BlueShield HSA with an Embedded Deductible.