A Health Savings Account (HSA) is an employer-funded spending account that helps employees maintain both their financial and physical health. An HSA can be used to pay for out-of-pocket medical expenses using pre-tax dollars — so it’s a great perk to offer your employees as part of a robust benefits package.
HSAs can be a powerful financial tool to promote employee retention and satisfaction since it can be invested in the market. The average HSA balance for those who invest in the market is…