What Happens to Unspent Employer HSA Contributions at the End of the Year?

As the end of the year approaches, you may be wondering what happens to the employer HSA contributions that you haven't used. A Health Savings Account (HSA) is a valuable tool for managing healthcare expenses and saving for the future. It's important to understand how HSA contributions work to make the most of this benefit.

Employer contributions to your HSA can be a great perk, but it's essential to know the rules regarding unspent funds. If you don't use all of the employer HSA contributions by the end of the year, here's what typically happens:

• The unspent employer contributions usually roll over to the next year. Unlike Flexible Spending Accounts (FSAs), HSA funds are not
  

  As the year draws to a close, many of us might find ourselves with leftover funds in our Health Savings Account (HSA). It’s a common question: what happens to those unspent employer HSA contributions? The good news is that, unlike some other account types, any unused employer contributions will roll over into the next year, giving you extra time to make use of those funds.