HSA Tax Savings Calculator
Discover your triple tax advantage
The Triple Tax Advantage
Tax-free contributions
Tax-free growth
Tax-free withdrawals*
*For qualified medical expenses
Your Information
$
Marginal tax bracket: 22%
Max: $4,150
$
$
%
If investing HSA funds (not keeping as cash)
Annual Tax Savings
$1K
35% effective return just from tax savings!
HSA at Retirement
$321K
Tax-free for medical expenses (or like 401k after 65)
Annual Tax Savings Breakdown
Lifetime tax savings: $31,185
HSA Growth Over Time
HSA Strategy Tips
1
Max out contributions
You're contributing $3,000 of the $4,150 limit. Consider increasing to maximize tax benefits.
2
Invest for growth
Pay medical expenses out of pocket and let HSA funds grow tax-free. Keep receipts to reimburse yourself years later!
3
Use after 65
After 65, HSA works like a traditional IRA for non-medical expenses (no penalty, just income tax). For medical expenses, it's always tax-free.
Disclaimer: This calculator provides estimates for educational purposes only. Tax rates are simplified approximations. State tax rates vary. Consult a tax professional for personalized advice.