Can a Health Reimbursement Arrangement or Flexible Spending Account also be offered along with a Health Savings Account?
There are limited opportunities to offer HSAs in conjunction with these other tax-advantaged accounts. Perhaps the most likely will be an FSA that is limited to certain types of benefits not covered by the high deductible policy, such as dental, vision or preventive care. Additionally, the IRS guidance allows use of HRAs for retirement or other future purposes (though access to the account must be suspended during HSA participation).
Related Questions
- Can a Health Reimbursement Arrangement (HRA) or Flexible Spending Account (FSA) also be offered along with a Health Savings Account?
- Can a Health Reimbursement Arrangement or Flexible Spending Account also be offered along with a Health Savings Account?
- Can I roll over my Flexible Spending Account (FSA) or Health Reimbursement Arrangement (HRA) account balance to an HSA?