Fidelity Investments, without citing which large clients it has landed over the past year for its brand-new health savings account (HSA) benefits program, issued a report stressing the importance of making HSA enrollment an ongoing and personal experience.

Health savings accounts permit workers to set aside money they will need above and beyond health insurance to cover medical costs (see "Health Savings Accounts Poised for Growth," MME 2/21/05). HSAs are also useful for those people preparing for long-term care costs in retirement, which, according to Fidelity estimates, runs about $190,000 for an average couple retiring today at age 65.

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