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How does a health savings account (HSA) help people save money? A. The money grows like an investment account. B. People only have to spend half of the money that they save. C. People are able to keep the money that they save after medical bills are paid. D. The money is in a tax-free account.

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Answer: D

Explanation:

The money tax-free account

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A health savings account (HSA) helps people save money if the money is in a tax-free account.

The correct option is D.

What are health saving accounts?

HSA is a kind of savings account that allows you to place money aside for eligible medical costs before taxes.

You may be able to minimize your overall health care costs by utilizing untaxed money in a Health Savings Account (HSA) to pay for deductibles, co-payments, coinsurance, and other expenditures.

Thus, the correct option is D, The money is in a tax-free account.

Learn more about, health saving account, here:

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