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Have you been wondering about how best to utilize the money you're saving by switching to a High Deductible Health
Plan? Putting that savings into an HSA will provide you with a double benefit:

First, you reduce your taxable income by the amount you deposit into your account.

Secondly, you use the funds tax-free to pay qualified medical, dental, vision, prescription, and preventive care
expenses.

How much should I deposit into an HSA?

Fund at least your anticipated healthcare expenses for the year. That way you can pay your expenses with tax-free
dollars.

To maximize your tax savings, consider depositing the maximum amount the IRS allows. This is how you build a balance
for future medical expense and/or retirement.

Consider the following benefits of funding an HSA:

Reduce your taxable income by the amount you deposit into an HSA. You don't have to itemize on your taxes to receive
this tax benefit.

Any of your dependents can use the funds tax-free, even if they are not covered on your insurance.

Interest on your account grows on a tax-deferred basis and is not considered taxable income as long as it is spent on
eligible expenses.

You can use your HSA as supplemental retirement income once you reach age 65.
o Withdrawals as retirement income are subject to income taxes.
o Withdrawals for qualified expenses continue to be tax-free.

You can use the money in your HSA tax-free to pay for eligible expenses, such as:
o Medical, Dental, Vision, Preventative Care, Prescriptions, and Over-the-Counter Drugs (with prescription).

Please consult with your insurance agent and tax professional to find out exactly how an HSA can benefit you.



File: Flyer-Tax Benefits Individual Revised 09-25-13



info@AmericanHealthValue.com
800-914-3248