Quote:
Originally Posted by Trace14
Sounds like a plan. Your HSA rolls over? Ours didn't. We had to calculate what our bills may be and put that amount in. Otherwise we would loose it at the end of the year. You should be able to roll over the balance, why should they get it?  |
Your are thinking about a Flexible spending account. I've never used one of those because you can lose it.
The HSA (Health Savings Account) is your money. You have limits for how much you can put in tax free, but it does roll over. You can even move excess money over the HSA CDs.
There are lots of limitations, can only be used for qualified medical expenses, and you have to have a High Deductible Health Plan to open one.