Health Savings Accounts were originally created in 2003 and are arguably one of the best tax gifts that Congress ever gave taxpayers. They provide a triple-tax-benefit of: 1) tax-deductible contributions; 2) tax-free growth; and 3) tax-free distributions for qualified medical expenses. This Forbes article discusses an amazing HSA added benefit which allows for HSA distributions to be used to reimburse medical expenses from prior years: https://lnkd.in/eQ72FMp
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Articles · December 3, 2019
Using Your HSA to Reimburse Medical Expenses from Prior Years
1 min read
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