Health Savings Accounts

Just what is this? Is it the same as a Flexible Spending Account?

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  • [font size="1" color="#FF0000"]LAST EDITED ON 01-12-04 AT 05:02PM (CST)[/font][br][br]It appears this is something new - go here:

    [url]www.ustreas.gov/press/releases/reports/1061hsafactsheet.pdf[/url]

    The limits are higher than a 125, there's no section for child care and a quick read makes me think there are more requirements.
  • It is a flexible spending account but must be used in conjunction with a high deductible medical plan. Balances can be rolled over. The final regs were just passed in late December.

    Good info on EBIA's website -- they also have a webinar coming up on the topic.
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