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Who Can Participate in an HSA?

Who Can Participate in an HSA?

In order to be eligible for an HSA, you must be enrolled in a high deductible health plan (HDHP) that is HSA-eligible.

You must also not be enrolled in Medicare and you cannot be claimed as a dependent on someone else’s health plan. Your health insurance must also be part of a high deductible plan with substantial out-of-pocket costs.

How Does a Health Savings Account Work?
Where Should I Put my Healthcare Savings?
What is Medicare and Medicaid?

Keywords: tax deductible, health insurance, Health Savings Accounts (HSA), High Deductible Health Plan (HDHP),
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