Do you have a health savings account? These pretax savings vehicles are growing in popularity: U.S. residents’ use of public and private health coverage stayed about the same between 2016 and the first three quarters of 2017, but use of HSAs climbed about 15 percent.
The number of U.S. residents under the age of 65 who had HSAs increased to 17.9 million in 2017, from 15.5 million in 2016. The number of people under 65 with high-deductible coverage and no HSA increased 5.9 percent, to about 24 million.
If you don't have one, it may be because you're only eligible for an HSA if you have a high-deductible health plan. The high-deductible cut-off is $1,350 for self-only coverage and $2,700 for family coverage.
No comments:
Post a Comment