When it comes to retirement and tax planning, most investors are familiar with the trade-off between reducing taxes today and reducing taxes in the future. Traditional retirement accounts may provide a current tax deduction, while Roth accounts offer the potential for tax-free qualified withdrawals later in life.

For eligible individuals, an HSA offers a unique combination of tax advantages that can make it a valuable component of a long-term financial plan. Contributions may be tax-deductible, investments can grow tax-deferred, and qualified medical withdrawals may be tax-free.

What you'll learn

• How Health Savings Accounts (HSAs) work and who may be eligible to contribute

• The requirements for participating in an HSA-qualified high-deductible health plan

• How HSA contributions may  ...