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Financial Tip of The Week -  Health Spending Account (HSA)

HSA (Health Savings Account) are tax deductible and tax free as long as you use it for qualified medical expenses, like deductibles, copayments, and prescriptions.  You can save $3,650 per year for singles and married couple can save $7,300 per year. 

To qualify for an HSA you are required to have a high deductible health insurance plan.

HSA's are the best tax reduction investment offered by the government.