Final answer:
HSAs and FSAs both offer pre-tax savings for healthcare expenses, easy access to funds, and the ability to pay with checks or debit cards while having different eligibility and rollover rules.
Step-by-step explanation:
A health savings account (HSA) and a flexible savings account (FSA) share several similarities, which include providing mechanisms to set aside pre-tax money for medical expenses, allowing for easy access to funds, and offering the convenience of transactions through checks or debit cards.
Both types of accounts aim to help with the management of out-of-pocket healthcare costs, although they have different rules regarding eligibility, contributions, and the rollover of funds.
HSAs require enrollment in a high-deductible health plan and allow funds to roll over year after year, whereas FSAs are generally offered by employers and can have a "use it or lose it" policy.