<prompt> Human: I just got a new job which has a few healthcare options. All are no contribution from me. Currently Im on a 200 deductible plan which Im happy with the benefits. However, if Im willing to go up to a 1500 deductible, I have the option to create an HSA which my employer will contribute 750 to yearly, and I can put in I think up to 6500 of my own money tax free. This other plan has the same yearly out of pocket max, same preventive care covered with no out of pocket, and the same perscription drug coverage. Currently Im making 85k but Im also saving to buy a house in the nearish future guessing around 3 years before thats a reality. This means I dont necessarily want to put 6500year into the HSA since this money could be going into down payment savings. For reference, Im 25 and currently knock on wood pretty healthy. Can anyone give me a consise explanation of what the advantage of the HSA is? I understand its triple tax free as long as I can prove Ive previously spent that money on medical expenses, is that correct? Can i use this as an addition to my 401k for retirement savings?  <response>: Its great if you are healthy, have no family required on the plan, and the company is contributing to it. I have an HSA since I am healthy and its fantastic so far. My company puts in about 1,200 a year and best part is you are not paying taxes for certain things. For example, I used my HSA card for all my dental work last year. I saved around 20-25 since it was before taxes. 