Tax-free HSAs could be a smart choice for you. You are eligible to open these savings accounts if you are covered by a high deductible health insurance plan that has an annual deductible of at least $1,000 for individual coverage. If you already have medical savings accounts (MSAs), you can roll the amounts over into a new HSA. Your contributions to HSAs are deductible, even if you don’t itemize. Learn more by wathing this great informational video