How do you set up an HSA?

To set up a Health Savings Account (HSA), you need to first be enrolled in a high-deductible health insurance plan. Then, you can open an HSA through a bank, credit union, or other financial institution. You will need to provide personal information and designate beneficiaries. Once the account is open, you can start contributing money to it, which can be used for qualified medical expenses tax-free.