Definitions for "Health Savings Account"
Keywords:  hsa, hdhp, msa, exempt, deductible
A consumer-driven health plan in which the plan member pays for health costs through a fully funded, tax-exempt savings account. Members or employers or both fund the account. An HSA is subject to regulations mandated by the federal government that limit coverage to IRS section 213(d) medical coverage. All unused funds carry over indefinitely during a member's lifetime.
Tax advantaged savings accounts for health care services.
Health Savings Accounts or HSA plans are new for 2004 and allow you to save money to pay for medical expenses on a tax-free basis. An HSA is similar to a Medical Savings Account (MSA) except any individual under age 65 can participate while an MSA is limited to self-employed individuals. An employer can also offer an HSA to his employees, through a Flexible Spending Account (FSA) commonly referred to as a cafeteria plan, and both the employer and employees can contribute to the savings account.
a good deal, and all Americans should consider it
a particular great deal, in addition to every single one Americans would regard it
Keywords:  investment
an investment
Keywords:  good, way, limitation, plan, around
a good way to plan around this limitation