Health Spending Accounts

Would you like to put money aside to pay for some of your health care costs? Then health spending accounts might be for you.

You can use these accounts for qualified medical expenses, such as deductibles and copays. Health spending accounts come in three forms:

  • Health savings account, or HSA
  • Health reimbursement arrangement, or HRA
  • Flexible spending account, or FSA

Select a topic below to learn more about how they work.

Types of health spending accounts

Each of these accounts works differently and comes with its own advantages. Find out more about how they work.

Health savings accounts

Learn more about health savings accounts, which allow you to use pretax money for medical expenses now, save and invest money for medical expenses in the future, and empower you to shop around for the most cost-effective treatment options for your budget.

Health reimbursement arrangements

Learn more about health reimbursement arrangements, which are employer-funded accounts, and how they can help you pay for health care costs.

Flexible spending accounts

Flexible spending accounts can help you save money on taxes by setting aside pretax income for qualified medical, dental or vision expenses or dependent care. Learn more about these plans.