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HealthEquity, Inc. HealthEquity, Inc. is an American financial technology and business services company that is designated as a non-bank health savings trustee by the IRS. [2] This designation allows HealthEquity to be the custodian of health savings accounts regardless of which financial institution the funds are deposited with.
A health savings account (HSA) is a tax-advantaged medical savings account available to U.S. taxpayers enrolled in a high-deductible health plan (HDHP). The primary purpose of an HSA is to assist ...
An HSA is an account you can use to save for your healthcare expenses. You can set aside pretax money in your HSA and then use it to pay for medical expenses such as deductibles or copayments ...
That being said, a health savings account is meant for health-related expenses. So, it shouldn’t replace your 401(k), IRA, or other dedicated retirement accounts.
January 21, 2024 at 12:02 AM. A health savings account, or HSA, is a tax-advantaged savings account for paying medical expenses that is available to consumers with high-deductible health insurance ...
Even if your employer contributes to your HSA account, you may contribute extra funds on a tax-free basis, but there is a limit to how much can be contributed. In 2022, total contributions ...
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