HealthcareHSAvsFSA

HSA vs FSA — Which Healthcare Account Saves More?

Compare HSA and FSA tax savings, investment growth potential, and flexibility for your situation.

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Your Numbers

Annual Contribution

Marginal Tax Rate

Annual Medical Expenses

Years Until Retirement

HSA Investment Return

Your Results

Comes out ahead

HSA

$102,316

Annual Tax Savings$720

Annual Amount Invested$1,500

Investment Portfolio Value$65,116

Medical Expenses (Tax-Free)$30,000

Total Tax Savings (Both)$14,400

Total HSA Benefit$102,316

FSA

$37,200

Annual Tax Savings$720

Annual Medical Benefit$1,500

No Rollover (Use-It-or-Lose-It)$0

Total Tax Savings (Both)$14,400

Total FSA Benefit$37,200

Under these assumptions

HSA comes out ahead

+$65,116

more value over 20 years

The HSA provides $65,116 more value over 20 years. Since you contribute more than you spend on medical, the HSA's rollover and investment growth makes it far superior.

A model of the inputs above, not financial advice. Real outcomes depend on rates, taxes and choices this comparison does not include.