HSA Guide
Can I Roll Over My HSA Balance to Next Year?
Published July 12, 2022
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Yes, you can roll over your HSA (Health Savings Account) balance to the next year. One of the key advantages of an HSA is the ability to carry over any unused funds from year to year, unlike a Flexible Spending Account (FSA) where funds usually do not roll over.
Absolutely! You can roll over your HSA (Health Savings Account) balance to the following year without any hassle. This feature distinguishes HSAs from Flexible Spending Accounts (FSAs), which typically require you to use your funds within the year or risk losing them.
Your HSA money stays yours
With an HSA, the money in your account remains yours, even if you change jobs or health plans. It's a great way to save for future healthcare expenses and build a financial cushion for medical emergencies.