2. A HEALTH SAVINGS ACCOUNT (HSA) MIGHT HELP
Even with health insurance, steep medical bills can accrue. Unless they total 10% of your adjusted gross income, you can’t write them off. One way to save is to choose a qualifying high-deductible health insurance plan and open an accompanying HSA account. You can contribute up to $3,350 per year, plus an extra $1,000 per year if you’re 50 or older. Interest on the money grows tax-free, and you can make tax-free withdrawals as needed for qualified medical expenses and deductibles.