With so many retirement-savings options offering tax advantages, it can be easy to miss another opportunity to make your money work harder...

With so many retirement-savings options offering tax advantages, it can be easy to miss another opportunity to make your money work harder for you: Once you have funded retirement accounts and college savings, a third but key priority for long-term savings might be a health savings account (HSA).

This is a tax break for those who buy high-deductible health insurance ($1,100 deductible a year for an adult; $2,100 for a family). Deposits to HSAs are made with pre-tax money.

Before you retire, you can invest the money and use it tax-free for medical costs or withdraw it for any other reason with a 10 percent penalty and associated taxes. After you retire, though, you can use the money for any purpose.

Sources: www.treas.gov

, www.cnnmoney.com.

— Nan Connolly