Consumer Guide: Health Spending Accounts

Health spending accounts help people save money to pay for medical costs. These accounts offer tax benefits. There are rules on who can have the account, when and how much you can add to the account, and more. Learn more about common types:

Where to start

Before you choose and set up a health spending account, first figure out the type of account you can get. Then think about whether it's helpful for you to sign up.

The Internal Revenue Service has a resource that explains each type of account and its benefits. View Publication 969 (2021), Health Savings Accounts and Other Tax-Favored Health Plans.


Last revised August 29, 2022