HSA- FSA Stacking compliance experts
Health Saving Accounts are individually owned trust accounts used to pay for unreimbursed healthcare expenses. These accounts can accumulate tax-deferred interest similar to IRAs. Functioning as a bank account, funds are controlled and owned by the account holder.
HSAs can be one of the most powerful tax savings strategies when paired with an FSA account. However this stacking of benefits has some pitfalls that are routinely missed or misunderstood. Ask us how we can help you stay complaint with the complex interactions between HSA accounts (tied to HDHPs) and Health FSA accounts.