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Tag: Health Savings Accounts

Will My HSA Expire If I Stop Contributing To It?

Will My HSA Expire If I Stop Contributing To It?

A health savings account (HSA) is designed to stay with you for life, but you could lose it if you don’t use it. The following is information you may not know about your HSA, including how to keep it if you have stopped using it. What Is An HSA? HSAs were created to make medical expenses more affordable. They allow people with high-deductible health plans...

How Much Should I Put In My HSA?

How Much Should I Put In My HSA?

If you have opted for a health savings account (HSA), the next question is how much to put into it. To qualify for an HSA, you must have chosen a high-deductible health insurance plan. Having a health savings account can help you cover your deductible and other out-of-pocket healthcare expenses, both now and in the future. The following steps may be helpful in calculating how...