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Article added:
02/03/2008 |
Top Ten Reasons to Have an HSA
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- Contributions are tax deductible
- Money you put in grows tax-free
- Withdraw money any time for expenses not covered
by health insurance, which may include:
 | Doctor's office or hospital visits
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| Glasses |
| Dental work
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| Long-term care insurance premiums
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| Over-the-counter drugs |
Nearly everyone qualifies
HSAs are permanent
Tax-deductible contributions are allowed up to
the minimum of a qualified health insurance plan deductible
Excess funds may be rolled over into a
traditional IRA
Roll-overs from an MSA are permitted, tax-free
If you have an HSA, expenses for family members
can be paid for even if they are not on your health insurance
HSAs finally make health care affordable!
Related Articles:
HSA Top 10
HSA Contributions
HSA's are Good News
HSA Overview
HSA Tax Shelter |
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