Can Money in HSA Be Carried Over to Next Month?

Health Savings Accounts (HSAs) are a great way to save for medical expenses while enjoying tax benefits. One common question that many people have is whether the money in an HSA can be carried over to the next month. The answer to this question is yes, in fact, money in an HSA does not expire at the end of the month or year. This is one of the key advantages of an HSA, providing account holders with flexibility and peace of mind.

Here are some important points to note about carrying over money in an HSA:

• Money in an HSA rolls over from year to year, unlike Flexible Spending Accounts (FSAs) where funds may be subject to a
  

  Health Savings Accounts (HSAs) offer a wonderful way to set aside funds for medical expenses, and one of the best features is that money in your HSA doesn't disappear at the end of each month. Yes, it truly carries over, giving you financial flexibility.