HSA Benefits

“HSAs Have No Use-It-Or-Lose-It Rule,” Kiplinger States.

Kiplinger (11/2, Lankford) discusses health savings accounts, saying they “offer a triple tax break” since “contributions aren’t taxed, the money grows tax-deferred, and it can be used tax-free for eligible medical expenses at any time.” Kiplinger notes that “unlike flexible spending accounts, HSAs have no use-it-or-lose-it rule.” People “can use the money tax-free to pay eligible medical expenses,” including dental care, “at any time.”