Just as it's a good idea to save for retirement in a tax-advantaged manner, it's also wise to reap some tax benefits in the course of saving for future medical expenses. Healthcare is one of those costs that's always present -- and always has the potential to be expensive. This especially holds true later in life, since that's when medical issues tend to arise.

There are different ways you can set money aside for healthcare, but if you're able to fund a health savings account, or HSA, it pays to do so. That's because HSAs offer three distinct tax breaks.

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Source Fool.com