Health saving accounts allow you to sock away cash for present and future medical costs. Just make sure high expenses aren't devouring your balance.
So-called HSAs allow you to put away money on a pretax or tax-deductible basis, have it accumulate interest free of tax and then tap the cash tax-free if you're using it to cover qualified medical expenses.
They're often paired with high-deductible health plans, particularly at the workplace.
Despite the virtues of HSAs, savers who want to decouple their account from their employer and shop around may run into problems.