A Health Savings Account (HSA) is a tax-advantaged savings account designed to help individuals save for medical expenses. Contributions to an HSA are tax-deductible, and the funds can be used tax-free for qualified medical expenses, making it a valuable tool for managing health care costs. HSAs are available to individuals enrolled in high-deductible health plans (HDHPs). The money in an HSA can roll over from year to year, allowing for long-term savings. Additionally, HSAs can be invested, potentially growing the account balance over time, which can be beneficial for future health care needs.