The Big Sandy Mountaineer -

A Montana Medical Care Savings Account (MSA) allows Montanans to save money for medical expenses and long-term health care and reduce their state income taxes at the same time. Contributions of up to $3000 annually can be deposited into savings or checking accounts or certificate of deposit. Spouses must establish separate MSAs but can use the funds to pay eligible medical care expenses for the taxpayer’s eligible dependents. If the money deposited in an MSA is not used during the year it was deposited, it remains in the account for expenses in future years earning interest that is free from M...