Can FSA Be Rolled Into HSA?

Many people may wonder if their Flexible Spending Account (FSA) can be rolled into a Health Savings Account (HSA). The short answer is yes, but there are some restrictions and considerations to keep in mind.

FSAs and HSAs are both accounts that allow you to set aside pre-tax money for qualified medical expenses. However, there are some key differences between the two:

• FSAs are offered through an employer and typically have a
  

  Many people may wonder if their Flexible Spending Account (FSA) can be rolled into a Health Savings Account (HSA). The answer is yes; however, it's crucial to understand the specific rules and timing associated with this process. For instance, while FSAs allow you to use pre-tax money for qualified medical expenses, HSAs are designed to help you save for future medical costs.