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HSA
Who is HSA eligible?
An individual with qualifying high deductible health plan (HDHP) coverage and no disqualifying non-HDHP coverage can be HSA eligible. An...
What is the annual HSA contribution limit?
The IRS sets yearly contribution limits. For 2023, you can contribute up to $3,850 annually for yourself and up to...
What is an HSA qualified medical expense?
A “qualified medical expense” includes expenditures for medical care, as defined under the Internal Revenue Code, for the HSA account...
What is a health savings account (HSA)?
An HSA is a tax-favored bank account that certain eligible individuals can use to pay for medical expenses. HSAs can...