Take advantage of a health savings account

With school back in session, many families deal with the sniffles that accompany having children. A health savings account from Fidelity Bank can help you better prepare for unexpected medical expenses. An HSA can be used only if you have a High Deductible Health Plan (HDHP) — generally any health plan with a deductible of at least $1,350 for an individual or $2,700 for a family.

For 2018, you can contribute up to $3,450 for self-only HDHP coverage and up to $6,900 for family HDHP coverage. Unspent HSA funds will roll over from year to year.

– Tammy O’Shea, Fidelity Bank