HSA Rules
01:10
HSA/FSA
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This video highlights the benefits and flexibility of Health Savings Accounts (HSAs). Below are some of those benefits:
Triple Tax Advantage: Contributions, growth, and withdrawals for qualified expenses are all tax-free.
No Expiration: Funds in an HSA rollover year to year without penalties, providing a long-term savings option.
Portability: The account stays with the individual and is not tied to any particular employer.
Flexible Contributions: Amounts contributed to an HSA can be adjusted throughout the year to meet changing needs.
Investment Opportunities: Once a certain balance is reached, funds can be invested, potentially increasing the account's value.
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