• Deducting 100% of your HSA contributions from your taxable income
  
  
• Having the money in your HSA accrue interest and/or gains on a tax-free basis
  
  
• Paying no penalties or taxes when you use your HSA to pay for qualified medical expenses
  
  
• Having a high-deductible HSA-compatible health insurance plan, which typically has a lower premium than a plan with a lower deductible

Note: Some HSAs charge a small monthly maintenance fee.

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