This 1 Savings Tool Offers 3 Different Tax Breaks
If your goal is to save money in a tax-advantaged fashion, you have several options at your disposal. You can put money into a traditional IRA or 401(k) and snag a tax break on your contributions to either retirement plan. Or, you can fund a Roth IRA or 401(k) and benefit from tax-free withdrawals in retirement. But if you're looking for a savings option that offers the maximum tax value, you may want to consider a health savings account (HSA).
An HSA is a dedicated account you can use to pay for immediate and long-term healthcare needs. HSA funds never expire, so there's little risk in funding an account. Any money you don't use in the near term can be invested and carried forward so that it's there for you once the need arises. In fact, many people with HSAs use those accounts to sock away money for healthcare during retirement, when it tends to be extremely burdensome and expensive.
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Source Fool.com