What's eligible?
The following list provides examples of HSA-eligible items. This list is not all-inclusive. Remember, the IRS may modify its list of eligible expenses from time to time.
The following list provides examples of HSA-eligible items. This list is not all-inclusive. Remember, the IRS may modify its list of eligible expenses from time to time.
This chart can help you plan how you allocate your health savings funds and understand the tradeoffs between saving and investing.
This projection example assumes an initial deposit of $2,000. Contributions remain the same every month, are deposited at the beginning of each month starting Jan. 1, and grow at an annual rate of 2.0%, compounded daily. The projections reflect year-end values and do not include any fees. Estimated balances are displayed in today’s dollars.
This projection example assumes an initial deposit of $2,000. Contributions remain the same every month, are deposited at the beginning of each month starting Jan. 1, and grow at an annual rate of 7.0%, compounded daily. The projections reflect year-end values and include a 0.5% management fee (One thing to note is that these fees do not include the management fees charged by the managers of the investment funds known as the management expense ratio (“MER”) and are expected to be about ~0.2% annually.)
Actual performance may be better or worse than our predictions. As with any investment account, your money is subject to market risk. In short, this means no outcome is guaranteed and we can’t guarantee you won’t lose money (including the money you start with). Please consider your objectives before investing. Your account balance may be more or less than your original investment.