FAQ's - Accounts
  • What kinds of savings accounts are available?

  • How can I access the funds in my HSA?

  • How can I contribute to my HSA?

  • Who can contribute to the HSA?

  • How much can I contribute to my HSA each year?

  • Is there a limit on how much I can contribute?

  • What are the "catch up" contributions for individuals age 55 and older?

  • What are qualified medical expenses?

  • Who decides whether the money I'm spending from my HSA is for a "qualified medial expense?"

  • What kind of tax reporting is required for an HSA?

  • When is the latest date a member can make a tax free contribution for a prior year?

  • Do unused funds in a Health Savings Account roll over year after year?

  • What happens to the money in a Health Savings Account after you turn age 65?

  • Can I roll the money in a Health Savings Account over into an IRA?

  • Can I roll over an IRA, 401(k) or other retirement plan into an IRA?