The IRS released the new changes for HSA and FSA accounts for 2021.
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The HSA, Health savings account, is a tax-free way to save money for medically related expenses. HSAs are typically offered through employers that also have high-deductible insurance plans.
In this video, I will give updated amounts for family plans and single plans for HSA accounts for 2021. I will also discuss the benefts of an HSA over an FSA.
If you have specific questions, be sure to reach out to your HR Benefits department or the plan provider. They should help you make the best decision for you and your family.
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