1 in 5 Americans Has This Plan for an HSA -- and It's a Good One
If you like the idea of having funds on hand to cover healthcare expenses, and you like saving money on taxes, then an HSA is an account that it pays to fund, provided your health plan is eligible. You'll need to be enrolled in a high-deductible plan to qualify for an HSA, and if you're on Medicare, contributions are prohibited.
HSAs give you a tax break on the money that goes into your account, similar to a traditional IRA or 401(k). Funds you don't need to withdraw immediately can be invested, and gains in an HSA are tax-free, as are withdrawals taken for qualified healthcare expenses.
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Source Fool.com