Beating The Deadline. Meeting Eligibility Requirements. Setting Up Medical Savings Accounts. Activating High-deductible Health Insurance.
Unspent money continues to build tax free for future medical expenses or retirement.
There is a one time first year set up fee for each Medical Savings Account. An MSA bank brochure provides more detail including investment alternatives, banking services and service charges. Consult your tax advisor as to your eligibility to open and for restrictions on deposits to and withdrawals from a Medical Savings Account. Once in, participation is indefinite. Ask for a factual data sheet and a free insurance quote today.