Health savings accounts: A second retirement plan

Most have heard us preach that health savings accounts (HSAs) are truly the "holy grail" of savings vehicles due to their triple-tax benefits.  They are the only account that allows you to 1) contribute before tax income; 2) allowed to be invested and grow tax free; and 3) be withdrawn tax-free when utilized for qualified medical expenses.  If your employer offers a high deductible option (at least $1,250/year), you may qualify to open an HSA.