HSA education resources
Take full advantage of your health savings account.
29 articles
HSA Basics
What's a health savings account? Start here to learn all about this triple-tax-advantaged account.
- Comparing HSAs to FSAs, HRAs, and 401(k) plansWhat's the difference between an HSA and an FSA, HRA, or 401(k)?
- Federal law requirements for sensitive data like social security numbersLearn why you're asked to share sensitive data like social security numbers (SSN).
- Retrieve your HSA account detailsLooking for the account number of your health saving's account? Your Year to date contributions? Here's where to find it.
- The FDIC & HSAsLearn whether health savings account funds are insured by the FDIC.
- Getting started with HSAsWhat's a health savings account and how does it work? Here is a quick guide to give you a well-informed start!
- Understand double dippingLearn about double dipping and how to avoid making this mistake
HSA Eligibility
How to be (or keep being) HSA-eligible
- Eligibility requirements to open an HSADo I qualify for an HSA? Learn more here!
- Exceptions to the HDHP requirement for HSAsCan you be covered under a non-HDHP plan and still contribute to a health savings account? Likely not, but there are exceptions.
- Rules for HSAs and adult children under 26Can non-dependent children open up a separate health savings account? Can you cover their medical expenses? Let's review.
- Using your HSA for your family's medical expensesSee who qualifies for HSA-covered expenses: Your spouse, dependents, and a few exceptions.
- Rules for HSAs when leaving a high deductible health plan (HDHP)If you're no longer on an HDHP, you can't contribute to a health savings account but may continue paying for qualified medical expenses.
- Medicare enrollment and HSAsEnrolled in Medicare Part A or Part B? Already have an established health savings account? Let's discuss.
HSA Spending
Check out what you can spend your HSA on
- Qualified medical expenses for HSAsYour health savings account has a lot of eligible expenses. Review this list of qualified medical expenses to ensure you maximize your HSA!
- HSA reimbursement deadlinesIs there deadline for health savings account reimbursements? Not really, but some dates do matter.
- Recordkeeping for HSA expensesWondering whether you need to keep receipts for your HSA spending, or what to do if you've lost one? Here's what to know.
- Exceptions permitting HSA funds for premiumsSee the four cases where HSA funds can cover insurance premiums.
- ATM withdrawalsYou might be wondering, "Why can’t I withdraw money from the ATM with my HSA card?"
- IRS penalties for unsubstantiated or non-qualified expensesLearn what triggers the 20% IRS penalty on HSA distributions and how audits check for it.
- Troubleshoot card declinesReview our checklist to see why your card isn't working.
HSA Life Events
Here's how life changes affect your HSA
- Bankruptcy law and HSAsAre health savings accounts safe from debt collectors? It depends on your state of residence.
- Navigating disability with an HSAUnderstand how to use your health savings accounts if you are diagnosed with a short-term or long-term disability.
- Divorce law and HSAsWhat happens to health savings account assets during a divorce? Find your answers here.
- Learn about HSA beneficiariesLearn about HSA beneficiaries and tax implications of beneficiary choices.
HSA Tax Resources
Review how your HSA affects your tax situation
- Filing taxes with an HSAYay, taxes! This is your handy guide to filing taxes for your health savings account.
- State taxes for HSAsAre contributions to health savings accounts tax-deductible for state taxes? It depends.
- Tax Season FAQAnswers to common questions as you prepare to file taxes with your HSA.
HSA Contributions
Put money into your account and in line with IRS rules
- Mid-year changes and your HSA contribution limitLife happens, and it can change how much can be contributed to an HSA mid-year. Here's how to figure out the right limit in every situation!
- Understanding HSA contributionsWant to know how much you can save this year on taxes with your health savings account?
HSA Transfers
Learn how to transfer funds to or from a new provider