Another major benefit is that HSA assets grow tax-free. So you don't have to worry about capital gains or other taxes. Distributions are also tax-free when used for qualified medical expenses.
How are HSAs still being used – and what else is competing with them? We evaluated 10 HSA investment providers on the attractiveness of using their HSA accounts for spending to cover current ...
Generally, distributions from your HSA for qualified medical expenses are tax-free, while HSA distributions used for other purposes are subject to an additional 20% tax penalty. If you are 65 or ...
HealthEquity will discuss these results and estimates during a presentation by Scott Cutler, President and CEO, Steve Neeleman, Vice Chair and Founder and James Lucania, EVP and CFO, at the 43 rd ...