Health Savings Accounts, or more commonly known as HSAs, are a tax haven hidden in plain sight. HSAs are paired with what the IRS determines to be “High Deductible Health Plans” or HDHPs. For 2021, these plans were required to have a minimum deductible of $1400 for an individual and $2800 for a family. If your plan meets these requirements and is categorized as an HDHP plan, you are eligible to contribute to a HSA. Note that there are more complicated requirements for families with one HDHP and one non-HDHP health plan.