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February 12, 2025
Question

Is a HSA contribution the same as MA PFML

  • February 12, 2025
  • 1 reply
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Is MA Paid family Medical Leave contributions considered an HSA

    1 reply

    February 12, 2025

    No.

     

    An HSA is an account set up to make tax-free payments for qualified medical expenses. It is somewhat like a funny IRA in that each taxpayer can have one, and it persists from year to year.

     

    Paid Family Leave is generally income that you receive for having had a child or other qualifying condition.

     

     

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