Are HSA Contributions Carried Over from Year to Year?

Health Savings Accounts (HSAs) are a valuable tool for managing healthcare expenses while saving on taxes. One common question that arises among HSA account holders is whether contributions made to an HSA can be carried over from year to year.

The short answer is yes, HSA contributions are carried over indefinitely from year to year. This is one of the key benefits of an HSA, providing account holders with flexibility and long-term savings potential.

Contributions to an HSA belong to the account holder and stay in the account until used, unlike Flexible Spending Accounts (FSAs) which have a

Health Savings Accounts (HSAs) offer a unique advantage when it comes to managing healthcare costs: contributions made to your HSA can indeed be carried over from one year to the next, without any expiration. This means that you can build your savings over time, allowing you to cover not just immediate healthcare expenses but also those down the road.