Can You Combine FSA and HSA? Understanding the Differences and Benefits

When it comes to managing healthcare expenses, two popular options that individuals often consider are the Flexible Spending Account (FSA) and the Health Savings Account (HSA). Both accounts allow for pre-tax contributions to cover eligible medical expenses, but they have key differences that impact how they can be used together. So, can you combine FSA and HSA?

The short answer is yes, but there are important rules and limitations to be aware of. Here’s a breakdown:

Differences Between FSA and HSA:

• FSAs are offered by employers, while HSAs can be opened by individuals who have a high-deductible health plan.
• FSAs have a
  

  When it comes to managing healthcare expenses, two popular options that individuals often consider are the Flexible Spending Account (FSA) and the Health Savings Account (HSA). These accounts offer the advantage of pre-tax contributions that can significantly ease the burden of healthcare costs, but understanding their differences is crucial for informed decision-making.