HSAs are great – there is a tax deduction going in, and the money is tax-free coming out; it doesn’t get much better than that! You can spend that cash on eye glasses, dental procedures, etc. HSAs can be self-directed and can be used at any time. Most of our clients keep their contributions to build wealth more quickly and pay any deductibles from other available funds. You should discuss the merits of an HSA with your professional advisors in the tax and insurance fields.