What is a HSA?
FAQA Health Savings Account (HSA) is an investment account from which you can draw money tax-free for medical care. HSAs are owned by the individual and grow through investments, similar to an IRA. HSAs have favorable tax treatment for contributions, distributions and earnings. They are available to individuals covered by a high deductible health plan (HDHP) and can be established to pay for family medical expenses.
What is an H.S.A.?
Frequently Asked Questions - Affordable Health Insurance for...H.S.A. is a Health Savings Account. It is a tax-advantaged personal savings account used in conjunction with a high deductible health policy. Individuals can contribute money to this account on a pre-tax basis to set aside money for qualified medical care and expenses. H.S.A. accounts typically are High Deductible Plans.
I am a Veteran, can I have an HSA?
U.S. Treasury - HSA Frequently Asked QuestionsIf you have received any health benefits from the Veterans Administration or one of their facilities, including prescription drugs, in the last three months, you are not eligible for an HSA.
How do I get the money out of my HSA?
FAQsYou can withdraw money directly from your account using your Aetna HSA debit card for qualified expenses.
