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Is a health savings account right for you?
Is a health savings account right for you?

As pre-enrollment begins for Obamacare, Albert is exploring his options. He wants to know more about health savings accounts. Good idea. Health savings accounts, or HSAs, can be a good fit for some, but not for all. Basically, a health savings account is like an IRA for healthcare. Money you put into it isn't subject to federal taxes. It can also roll over from one year to the next if unspent. ASK LAZ: Smart answers to consumer questions If you withdraw money from an HSA for non-medical purposes, there are penalties. Here's the deal: Health savings accounts typically come with large deductibles. That means you'll pay more out of pocket for healthcare. So if you...

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