Cover health care costs the smart way with tax-advantaged savings. An HSA lets you make tax-free contributions, earn tax-free dividends, and withdraw cash tax-free to pay for qualifying medical expenses.
That means you save on taxes in three different ways! And, there’s no “use it or lose it” policy. If you don’t use the money one year, it’ll be there for you the next.
Most adults under 65 who are not enrolled in Medicare and are covered under a high-deductible health plan (HDHP) can qualify for an HSA, but it is up to the account holders to determine their own eligibility. Please contact your tax advisor for further eligibility requirements.