Question: A major difference between a Flexible Spending Account (FSA) and a Health Savings Account (HSA) is: HSA's can be used even if you don't have

 A major difference between a Flexible Spending Account (FSA) and a

A major difference between a Flexible Spending Account (FSA) and a Health Savings Account (HSA) is: HSA's can be used even if you don't have an employer health plan FSA's are only available in conjunction with a high-deductible health plan OHSA's have lower contribution limits Any unused funds in an HSA can be carried forward into the future

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!