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Use Your HSA to Reduce Taxes

Contribute More. Save More.


Increasing your HSA contribution—or starting it—means maximizing your tax savings, savings for qualified medical expenses, and potential savings for retirement.

Even with a little money set aside in your HSA—you save big.

Sample Savings


Your contribution: $1,500
Annual medical expenses: $500


5 year
10 years
20 years
Saving with interest at year's end* (for qualified medical expenses
or retirement, whichever comes first)
$5,204 $10,950 $24,297
Cumulative tax savings *
$2,889 $5,982 $12,870


See How Much You Could Save!

See how much you
can save over time.
See how much you can
still contribute this year


 

 

 

 

 

 

 

 

 

HealthEquity does not provide medical or tax advice. Content should not in any case replace professional medical or tax advice. If you have questions regarding a medical condition, please consult a qualified health care professional. All tax references are on the federal level. State taxes may vary. Please consult your tax adviser.

*Examples based on a 2% interest rate earned on HSA compounded over time, a 7% state tax rate, and a 30% federal tax bracket. Each individual’s results will vary based on his/her unique set of facts and circumstances.