A health savings account (HSA) is a tax-advantaged medical savings account available to taxpayers in the United States who are enrolled in a high-deductible health plan (HDHP). The funds contributed to an account are not subject to federal income tax at the time of deposit. Unlike a flexible spending account (FSA), HSA funds roll over and accumulate year to year if they are not spent. HSAs are owned by the individual, which differentiates them from company-owned Health Reimbursement Arrangements (HRA) that are an alternate tax-deductible source of funds paired with either HDHPs or standard health plans.
Kiplinger describes the HSA as a "powerful financial tool to cover medical expenses and save for the future." Read the entire Kiplinger article here
Most Credit Unions and Banks in the US offer an HSA account. If you're interested in learning more, or, opening an HSA, visit the rateseer Savings Account
page for a comparison of rates and features.