Health Savings Accounts (HSAs) in Chandler, AZ

What to know before you choose

For 2026 the IRS limits are $4,400 for self-only coverage and $8,750 for family coverage, with an extra $1,000 a year allowed if you are 55 or older (IRS Rev. Proc. 2025-19). To contribute, your health plan must qualify as a high deductible health plan: in 2026 that means a deductible of at least $1,700 for self-only or $3,400 for family coverage, and out-of-pocket costs that do not exceed $8,500 or $17,000.

The money is yours. It stays with you if you change jobs or plans, and unused dollars roll over year after year. Some people spend from the account as bills arrive; others pay current bills from savings and let the HSA grow for medical costs in retirement. Either way, keep every receipt, because you need them to show withdrawals were for qualified expenses.

An HSA plan is not right for everyone. A high deductible means you pay more before the plan starts sharing costs, so it works best when you can cover the deductible from savings if something happens. If you have ongoing prescriptions or regular specialist care, Viola runs the numbers both ways so you can see whether the tax savings outweigh the higher out-of-pocket costs.

There is also a Medicare rule to know. Once you enroll in any part of Medicare you can no longer contribute to an HSA, though you can still spend what is already in it. If you are working past 65, Viola helps you time Medicare and your last HSA contributions so you do not create a tax problem.

Her help covers both halves: choosing a qualifying health plan, individual or through an employer, that still works with your doctors, and understanding how the account works day to day, including fees and whether you want a debit card for spending or investment options for saving. She is not a tax advisor, so she will tell you when a question belongs with your accountant.

How Viola helps

• 2026 contribution limits and the age 55 catch-up explained
• High deductible health plans that qualify, with your doctors and drugs checked
• Side by side math: HSA plan versus a lower deductible plan for your real usage
• What counts as a qualified medical expense, and why receipts matter
• Timing your last contributions around Medicare enrollment
• Help for self-employed people and small employers setting up HSA plans

Who it fits

You are generally healthy, you can cover a higher deductible from savings, and you like the idea of paying medical costs with pre-tax money, now or later in retirement. Self-employed people and families with steady incomes often fit well.