• A Health Savings Account (HSA) is a tax-advantage account that helps people save on medical expenses that are not covered by high deductible health insurance plans.
  • There is no tax on HSA contributions, HSA income, or payments used to pay for qualified medical expenses.
  • An employee-owned HSA may be funded by both the employee and the employer.
  • Contributions are secured and unused balances at the end of the year can be carried over.