So sometimes - okay, most times - I don't make it to the doctor for my check-ups (please don't tell my mom). My employer offers a perk to its employees: employer contributions to a Health Savings Account (HSA). They're not considered income for federal income tax purposes. Distributions for qualified medical expenses (including dental and vision expenses) are not taxable for federal income tax purposes. And unlike a Flexible Spending Account (FSA) that requires you to spend your funds each year or lose them, you can roll over your HSA contributions from year to year and continue to save.
Source: Forbes July 07, 2017 19:30 UTC