Health Savings Accounts (HSAs) are evolving, with significant updates to contribution limits and eligibility criteria for 2025. These tax-advantaged accounts, designed for individuals with High Deductible Health Plans (HDHPs), offer a triple tax benefit: tax-deductible contributions, tax-free earnings, and tax-free withdrawals for qualified medical expenses. As HSAs gain popularity for both healthcare costs and retirement savings, understanding these changes and investment strategies is crucial for maximizing their benefits.
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