800-825-7531

3. What is an HDHP?
> What is a high deductible health plan?
> Who can offer a high deductible health plan?

4. Who is eligible?
Who is eligible to open an HSA?
> Who is eligible to open an HSA?
> Does the HDHP policy have to be in my name to open an HSA?
> I am a veteran. Can I have an HSA?
> My employer offers an HRA. Can I have both an HRA and an HSA?
> If my spouse has an FSA or HRA through their employer, can I have an HSA?
> I do not have a job. Can I have an HSA?
> Does my income affect whether I can have an HSA?
> Can I start an HSA for my child?
> I am a single parent with HDHP coverage, but have child/relative that can be claimed as a dependent for tax purposes and this dependent also has non-HDHP coverage. Am I still eligible for an HSA?
> If both spouses have family HDHP coverage, but one spouse has other coverage, are both spouses eligible for an HSA? How much can each spouse contribute?
> Must couples open separate accounts?

What if I have some other coverage or benefit?
> May an individual covered by an employer assistance program (EAP), disease management program or wellness program establish an HSA?
> Can I get an HSA even if I have other insurance that pays medical bills?
> May an individual who uses a discount card for health care service or products contribute to an HSA?
> I am active-duty military and have Tricare coverage. Can I have an HSA?

What if I lose my HDHP coverage
> I have an HSA but no longer have HDHP coverage. Can I still use the money that is already in the HSA for medical expenses tax-free?
> What happens to the money in my HSA if I lose my HDHP coverage?
5. How do I set up an HSA?
> Will you provide tax advice in connection with my HSA?
> How soon can I open my account?
> I want to make sure my HSA is established as soon as possible. Can I establish my account before my HDHP coverage begins?

6. What am I allowed to use my HSA money for?

> Does an HSA pay for things that regular insurance pays for?
> How do I know what is included as "qualified medical expenses"?
> Who decides whether the money I'm spending from my HSA is for a "qualified medical expense"?
> What happens if I don't use the money in the HSA for medical Expenses?
> Are dental and vision care qualified medical expenses under an HSA?
> Can I use the money in my HSA to pay for medical care for a family member?
> Can I use my HSA to pay for Medical services provided in other countries?
> Can I pay my health insurance premiums with an HSA?
> Can I purchase long-term care insurance with money from my HSA?
> I have an HSA but no longer have HDHP coverage. Can I still use the money that is already in the HSA for medical expenses tax-free?
> Do unused funds in an HSA roll over year after year?
> What happens to the money in an HSA after I turn 65?
> Can I use my HSA to pay for medical expenses incurred before I set up my account?
> How do I use my HSA to pay my physician when I'm at the physician's office?
> What happens to the money in my HSA when I die?

7. How do I fund my HSA?

> I am over 55 but under 65. Are there additional advantages for me?
> Who may contribute to my HSA?
> Are rollover contributions to my HSA permitted?
> How much can I contribute to my HSA each year?
> I have a very high deductible. Is there a limit on how much I can contribute?
> Do my HSA contributions have to be made in equal amounts each month?
> Does my contribution depend on when I establish my HSA account or when my HDHP coverage begins?
> Can my employer contribute to my HSA?
> Do my contributions provide any tax benefits?
> If my employer contributes to my HSA, does that also provide me any tax benefit?
> Can I make contributions through my employer on a "pre-tax" basis?
> I turned 55 this year. Can I make the full "catch-up" contribution?
> If both spouses are 55 and older, can both spouses make "catch-up" contributions?
> If each spouse has self-only HDHP coverage (neither has family coverage), how much can we contribute?
> If both spouses have family HDHP coverage, but one spouse has other coverage, are both spouses eligible for an HSA? How much can each spouse contribute?
> Does tax filing status (joint vs. separate) affect my contributions?
> May a self-employed person contribute to an HSA on a pre-tax basis?
> Do unused funds in a health savings account roll over year after year?
> Can couples establish a "joint" account and both make contributions to the account, including "catch-up" contributions?
> Must couples open separate accounts?
> Can the funds in an HSA be invested?

8. What are the rollover rules?

> Are rollover contributions to my HSA permitted?
> Can I roll the money in an HSA over into an IRA?
> Can I roll over and IRA, 401(K) or other retirement plan into an HSA?

9. Can I borrow against my HSA?

> Can I pledge any part of my HSA as security for a loan?
> Can I borrow against the money my HSA?