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HSA vs FSA For Beginners | How Much Money Should You Contribute To An HSA or FSA Savings Plan?

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Janell Knows Money | Career & Pay Advice

THIS video will teach you how to determine how much money you should be contributing to your employerfunded HSA or FSA medical savings account. We will also talk about what each of these plans are & why you should consider having one!

In this video, we will do a basic overview of the similarities & differences between an HSA and an FSA. We'll talk about eligibility requirements, the advantages of enrolling in an HSA vs FSA, and contributions. At [15:28] we will talk about how you can figure out how much you should contribute to an employerfunded HSA or FSA medical savings account.

✨ Timestamps ✨
00:00 Intro
00:28 Similarities
02:05 What makes an HSA unique?
07:32 The biggest advantage of an HSA
09:28 What makes an FSA unique?
15:28 How to determine how much you should contribute to an employerfunded HSA or FSA?
21:58 Outro


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Education, not financial advice!

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posted by magneziumty