Medical Savings Accounts: FSAs, HSAs, and HRBs Comparisons and Options

Most of us have at least some medical bills each year. And with the rising cost of medical care, they can add up even when you have health insurance.

The good news is, most people with employer health plans have access to tax-deductible medical savings accounts. HSAs, FSAs, and HRAs are different accounts that help you pay for healthcare costs tax-free.

Any medical savings account is better than none. But each type of account has essential differences.