If you have a health insurance policy with a high deductible, you may be eligible to contribute to a health savings account. An HSA provides a triple tax break: Contributions are tax-deductible (or pretax if made through your employer), the money grows tax-deferred, and you can use it tax-free for medical expenses. 
You can contribute up to $3,350 if you have individual coverage or $6,650 if you have family coverage in 2015, plus up to $1,000 if you’re 55 or older. Many banks and brokerage firms offer HSAs, and you can open an account anywhere as long as you have an HSA-eligible health insurance policy. You aren’t required to use the HAS administrator that your insurer or employer has a relationship with, but doing so may streamline the claims-paying process, and it could be the only way to get an employer contribution. Look for HSA administrators by going to HSASearch.com.
