Free healthcare planning tool

Free HSA Calculator — See Your Triple Tax Savings

Compare spending from your HSA today versus investing it for later reimbursement, estimate the tax drag a taxable account would face, and see how much healthcare firepower you may build by retirement.

Your assumptions

Contribution type

Individual Family

2025 IRS guidepost: individual limit $4,300

Mode focus

Spend as You Go Invest & Reimburse Later

Annual HSA contribution ($) Current HSA balance ($) Annual medical expenses ($) Investment return rate (%) Years until retirement Combined marginal tax rate (%)

Assumption note: taxable account comparison uses the same savings rate with after-tax contributions and a 15% annual tax drag on gains.

Mode comparison

Spend as You Go

Balance at retirement

Tax savings$0

Healthcare ready$0

Taxable account$0

Invest & Reimburse Later

Balance at retirement

Tax savings$0

Healthcare ready$0

Receipt bank$0

Spend as you go keeps current healthcare spending simple, but every dollar spent today is a dollar that does not stay invested tax-free.

Investment Growth

See how the invested HSA balance compares with a taxable account and with the more cash-heavy spending approach.

Triple tax benefit explainer

Health Savings Accounts can offer three layers of tax value when used intentionally:

✓ Contribution deduction today, based on your marginal tax rate.
✓ Tax-free investment growth while the money stays in the account.
✓ Tax-free withdrawals for qualified healthcare expenses now or later.

Contribution tax savings$0

Growth advantage$0

Withdrawal tax savings$0

Total estimated career tax savings$0

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