Eligible individuals (see Who is Eligible? for more details) can make contributions
and get an "above-the-line" tax deduction*
Balances roll over from year to year, no more "Use it or Lose it"!
Contribution dollars are invested in interest bearing accounts!
Flexibility
HSA dollars can pay for qualified medical expenses defined by the IRS. Eligible expenses would include
deductibles, co-payments, dental and vision expenses or doctor appointments, if not covered by other insurance.
You decide when to use your HSA funds.
It's Portable
No matter where you go, your account will follow!
Even if you change jobs, change medical coverage, become unemployed, move to another state, or
change your marital status, your HSA goes with you!
You own it!
Tax Savings
The three-tiered tax savings are hard to beat.
Tax-free contributions
Tax-free growth
Tax-free distributions for qualified medical expenses
