One common question that many individuals have about Health Savings Accounts (HSAs) is whether they can lose the money saved in these accounts. The good news is that unlike Flexible Spending Accounts (FSAs), the funds in an HSA do not expire at the end of the year. So, you don't lose your HSA money just because the year ends.
Here's a breakdown of how you can make the most of your HSA without losing any money:
Wondering about your Health Savings Account (HSA) and whether the funds can simply vanish? Rest assured, funds in an HSA are not subject to expiration at the end of the year. Unlike Flexible Spending Accounts (FSAs), your hard-earned contributions remain safe year after year.
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