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September 28, 2022
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HSA

  • September 28, 2022
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What are the HSA benefits if I spend all of the funds or most of them in qualified medical expenses?

    Best answer by Critter-3

    Contributions to the HSA escape all taxes (fed & FICA and most states) so you get the benefit upfront and do not need to itemize deductions which many cannot.  

    1 reply

    Critter-3
    Critter-3Answer
    September 28, 2022

    Contributions to the HSA escape all taxes (fed & FICA and most states) so you get the benefit upfront and do not need to itemize deductions which many cannot.