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Kiplinger
Kiplinger
Business
Rocky Mengle

The HSA Contributions Deadline Is Almost Here

HSA health savings account. Stethoscope and piggy bank.

The HSA contributions deadline is April 15, so if you haven't already maxed out your 2023 contributions, you still have a little more time to do so. 

HSAs (Health Savings Accounts) offer a tax-efficient way to pay for medical expenses. Since employer contributions aren't included in your taxable income, earnings are tax-free, and distributions are not taxed if you use them to pay qualified medical expenses. You might also qualify for a deduction (or a larger deduction) on your tax return. 

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