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Should you add an HSA or an FSA to your health benefits for 2020?

Should you add an HSA or an FSA to your health benefits for 2020?

It's almost open enrollment season for healthcare benefits. If you're looking for opportunities to save money on your vision and eye health in 2020, adding a Health Savings Account (HSA) or a Flexible Spending Account (FSA) through your employer is a good way to do it. There are significant differences between these two types of accounts and in general, you're only allowed to enroll in one or the other. Although they both use pre-tax dollars, understanding how they differ will help you select which option is right for you.

Infographic: What's the difference between HSA and FSA?

Infographic courtesy of www.allaboutvision.com

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