Savings account for health care costsHealth savings accounts; Flexible spending accounts; Medical savings accounts; Health reimbursement arrangements; HSA; MSA; Archer MSA; FSA; HRA
As health insurance changes, out-of-pocket costs continue to grow. With special savings accounts, you can set aside tax-exempt money for your health care expenses. This means you will pay no or reduced taxes on the money in the accounts.
Department of the Treasury - Internal Revenue Service. Health savings accounts and other tax-favored health plans. www.irs.gov/pub/irs-pdf/p969.pdf. Accessed August 10, 2018.
HealthCare.gov website. Health savings account (HSA). www.healthcare.gov/glossary/health-savings-account-hsa. Accessed August 10, 2018.
US Department of the Treasury. Health savings accounts (HSAs). www.treasury.gov/resource-center/faqs/taxes/pages/health-savings-accounts.aspx. Accessed August 10, 2018.