With the start of open enrollment for the Affordable Care Act (ACA) in November, it’s the perfect time to shop for health insurance. While there are benefits of enrolling in options like Health Saving Accounts (HSAs), there are also misconceptions about how these accounts work and how to use them to your advantage.

Fidelity Investments VP, financial consultant, and CFP Ryan Viktorin debunks common myths about HSAs with Wealth Anchor Brad Smith.

For a deeper dive into the facts, watch the video above.

To watch more expert insights and analysis on the latest market action, check out more Wealth here.

This post was written by Cindy Mizaku.