Health Savings Accounts (HSAs) are a valuable tool for managing healthcare expenses while enjoying tax benefits. One common question that users often have is whether the unused money in an HSA account can be rolled over to the next year.
The good news is that unlike Flexible Spending Accounts (FSAs), the funds in an HSA do not have a
Health Savings Accounts (HSAs) provide an incredible opportunity for individuals to save for medical expenses while enjoying tax advantages. A key feature of HSAs is that any unused money at the end of the year rolls over to the following year, allowing you to build up savings over time without the pressure of losing your funds.
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