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To: NonLinear

FSA (Flexible Spending Account) is different form HSA (Health Savings Account). I have had both and but I now only have an HSA. I believe the FSA is a “use it or lose it” fund whereas HSA is deposited into a bank account which is yours forever. Both are not taxed and have a limited per year. So, that being said, does this apply to HSA as well?


16 posted on 11/15/2012 4:35:55 PM PST by klimeckg ("The penalty good men pay for indifference to public affairs is to be ruled by evil men.")
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To: klimeckg
No. HSA's have a different limit.

I believe the FSA is a “use it or lose it” fund whereas HSA is deposited into a bank account which is yours forever.

But remember, forever is a long time...
18 posted on 11/15/2012 6:14:04 PM PST by NonLinear (Giving money and power to government is like giving whiskey and car keys to teenage boys.)
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To: klimeckg

No. HSA rules are still pretty close to last year.


23 posted on 11/16/2012 4:20:28 PM PST by NonLinear (Giving money and power to government is like giving whiskey and car keys to teenage boys.)
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