18 ways to beat inflation

13 of 15

Medical costs - Don't pay taxes you don't have to

• Send feedback to Money Magazine

If you have a qualifying high-deductible health plan, make sure to contribute to a health savings account to fund your current and future medical bills.

If you have a traditional plan and your employer offers a flexible spending account, sign up. It lets you use untaxed salary to pay for many out-of-pocket health expenses.

Potential savings: About $280 for every $1,000 set aside

NEXT: Medical costs - Don't be afraid to haggle

Last updated June 13 2008: 10:48 AM ET

Email | Print |

Digg this story |

RSS

More on coping with inflation

• 3 big questions

• 4 ways to protect your assets

• What would the $6 Million Man cost today?

• Holy cow! Consumers get a milk break

More Galleries

10 of the most luxurious airline amenity kits

When it comes to in-flight pampering, the amenity kits offered by these 10 airlines are the ultimate in luxury More

7 startups that want to improve your mental health

From a text therapy platform to apps that push you reminders to breathe, these self-care startups offer help on a daily basis or in times of need. More

5 radical technologies that will change how you get to work

From Uber's flying cars to the Hyperloop, these are some of the neatest transportation concepts in the works today. More

Special Offer