The new Medicare law created an excellent tax break for Americans under age 65 who buy health insurance. These people can now purchase a health plan with a moderate, or even higher, deductible and set up a tax-deductible health savings account (HSA) to use to pay the out-of-pocket medical expenses. The HSAs replace and greatly expand on the MSAs previously offered.

The HSA funds can be used to pay out-of-pocket medical expenses ranging from hospital/doctor bills to dental expenses to future nursing home costs… or even eyeglasses, all with tax-free dollars. Better than flexible spending accounts, these HSA funds can be rolled over from year to year and if not used for medical expense can be used for retirement income.

Click here for more information on American Health Value HSA

Click here for more information on Qualified HSA HealthCare Expenses

Click here for frequently asked questions from the U.S. Treasury

Click here for our 2007 H.S.A. Power Point Presentation!