If you are in very good health, a high-deductible medical plan is an excellent way for you to cut your healthcare costs. Firstly, (and most obvious) it brings down your monthly premium. But, did you know that most of these plans can be coupled with a Health Savings Account (HSA)? You can save up to $3,450 (as an individual) for 2018. This gives us yet another avenue to save toward debts or toward your retirement. It is critical to any financial plan that individuals take advantage of any and all programs that fit their situation.

Contribution Limit
Contribution Limit
Additional Catch-Up Contribution
(55 or older, Single and Family)

Limit on Contributions

As always, we are here to help. Contact us today to discuss more about how high-medical deductible plans can fit into your overall financial plan.