HSA vs. FSA: Which Is Smarter for You?

Paying for healthcare costsis a challenge that workers have to overcome throughout their lives. Many employers offer a combination of employee benefits that can help their workers handle their healthcare finances more efficiently. Both health savings accounts (HSAs) and flexible spending accounts (FSAs) can offer valuable tax advantages to those who use them, but the two healthcare savings vehicles differ in many important respects.

It therefore is important that, if you have access to both, you pick the one that matches best with your own needs.