Health Savings Accounts (HSAs) are a great way to save for medical expenses while enjoying tax benefits. One key feature of HSAs that many people appreciate is the ability to roll over funds from year to year. But how much of your HSA balance can you actually roll over?
When it comes to rollover limits in HSAs, the good news is that there is no limit to how much you can carry over each year. The funds in your HSA will continue to roll over indefinitely, allowing you to build a substantial healthcare nest egg over time.
It's important to note that unlike Flexible Spending Accounts (FSAs), which have a
Health Savings Accounts (HSAs) offer a fantastic opportunity for individuals seeking to save for both expected and unexpected medical expenses. One of the standout features of HSAs is their rollover capability, which ensures that any unused funds can be carried over from one year to the next without limitation, providing long-term savings potential for healthcare costs.
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