health savings accounts
Do you want to save for future medical expenses and get special tax advantages?** Open a Health Savings Account.
ALEC offers three types of HSAs
Many financial advisors recommend a Health Savings Account (HSA) as an excellent way to put aside money today to pay for medical bills you may face in the future — with the added benefit of tax-deductible contributions along the way.
Having an HSA can help alleviate some of the stress of unexpected and unpredictable medical expenses. Better yet, the money you save in this account is tax-free. However, an HSA is only available with high deductible health plans.
Do you already have an ALEC HSA? Manage it online.