Use an HSA if you have a high-deductible health plan (2026 limits)
Added
IRS Publication 969 says HSA contributions are deductible even if you don't itemize (employer contributions are excluded from income), earnings are tax free, and distributions for qualified medical expenses are tax free. The account is portable if you change jobs. You need qualifying high-deductible coverage, so read the eligibility rules first.
The result
Result: IRS: 2026 limit $4,400 self-only or $8,750 family coverage, plus an extra $1,000 if you're 55 or older. Non-medical withdrawals are taxable and may carry an additional 20% tax.
Note: Not financial advice. General information only; check your own situation or ask a qualified professional.
Source
IRS Publication 969 (opens the original source in a new tab). Check it for the latest numbers before you act.