One HSA or two?

Colleen King covers the question of whether married couples should open one Health Savings Account or two.

the question I want to address in this article is one aspect of setting up the actual HSA. When a family has an HSA eligible plan, should they set up one HSA or two? Well, when you set up an HSA for your family there can only be one account holder listed, but the money in the account can be used for all members covered by their family health plan.

Being single this is something that never occurred to me, but a married couple could stash away quite a bit of money with two accounts. Definitely food for thought.

Tags: hsa, retirement

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