HSAcenter - Health Savings Accounts - Health Care and Savings for You and Your Family 

Want more information?

» Is an HSA plan the right choice
   for me?

» 2016 HSA Contribution Limits NEW!
» 2015 HSA Contribution Limits
» Frequently Asked Questions NEW!
» Qualified Medical Expenses
» About HSACenter
» Additional Resources
» Health Care Reform and HSAs
» Retirement Health Care Savings


"HSAs & Special Enrollment" NEW!
"Saving For Retirement And Healthcare"
"Looking for Health Insurance"
"Maximize Your HSA"
"Income Tax Savings"
"Control Over Health Care"


What's an HSA?
How an HSA Works
The HSA Advantage


Plan Comparison Calculator
HSA Tax Savings Calculator
HSA Future Value Calculator

People Like Me

Meet the Johnson family NEW!
Meet the Wiggins family
Meet the Moore family
Meet the Sanchez family

Meet the Wiggins Family – A young, self-employed family with an HSA plan.

HSA Case Study Who: Steve and Michelle Wiggins and their two children Mia and Michael
Where: Tampa, FL
What: HSA plan owners
Why: Small business owners with a growing family

Steve and Michelle Wiggins are building for their family's future, in part with a health savings account plan.

Steve owns a small construction firm. Michelle runs her own accounting business from home. Mia is a soccer-playing fourth grader and Michael is also in grade school.

A health savings account plan makes sense for the Wiggins family because of: Their goal is to fund their HSA to the maximum amount each year.

How does the Wiggins family use their HSA?

First, the Wiggins use HSA savings to cover their insurance deductible. Since Steve and Michelle don’t have any additional dental or vision coverage and Michelle wears reading glasses, they use their HSA savings for their regular vision and dental care.

Michelle is also looking ahead in case her children need braces. They hope to save enough to pay a good part of that major expense.

So, with an HSA plan the Wiggins family has quality, major medical insurance that kicks in once they meet their calendar-year family deductible. They're building a savings account which earns interest tax-free and helps pay their health insurance deductible. Plus, they get significant tax advantages any family dependent on income from self-employment can really use.

* The Wiggins' story is a hypothetical example for purposes of illustration only.