How Much Should You Put Into a Health Savings Account?
Understand the annual contribution limits and long-term savings potential when funding a health savings account.
By Rachel Hartman • Feb. 26, 2020
A health savings account is available only to those enrolled in a high-deductible health plan. This account is designed to help cover current and future medical expenses and offers some tax advantages. HSA owners need to decide how much to put in an HSA each month or year. Here are some key guidelines for determining how much to contribute to an HSA.