Hi everyone I'm Laura Adams and you're listening to the Money Girl

Podcast. I'm on a mission to teach and inspire you to live rich and love the journey. I wrote an award-winning book

called Money Girls Smart Moves to Grow Rich and you can get two free chapters or just sign up

for email updates from me when you visit Laura D

Adams.com. While you're there check out the tools page for close to 40 of the

best financial and productivity tools and resources that I use and recommend again and again. and care expenses called a health savings account or HSA.

Whenever I talk about an HSA, I'm always shocked by how few people have heard of them

or know anything about what they are.

Or they might get them confused with another type of account. or know anything about what they are.

Or they might get them confused with another type of account called a flexible spending

arrangement or FSA, which you may have heard of through work.

These are two completely different things and I'll explain the

differences in the show. But no matter if you get health insurance through work or on

your own, I'll explain who's eligible to have an HSA, the rules for using one, and how they help you keep

more money in your pocket now and in the future.

To read the transcript for this show, just visit the Money girl page at quick and dirty tips

dot com and look for episode number 391 called how to save money on health care

with an HSA.

So let's start talking about health savings accounts. An HSA is a special tax

exempt account you can set up for the sole purpose of paying medical and health care

expenses. But to qualify for one, you must also have a special type of health insurance,

which I'll cover in a moment. You can contribute to an HSA if you get health

...