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Financial Planning / Tax Strategies


Subject:  Re: Heath Savings Account Excess Contribution Date:  3/24/2012  11:20 AM
Author:  aj485 Number:  115628 of 127745

The one that confuses me says, "Funds accumulate over time and roll over tax free from year to year."

Can this be true?

In addition to Phil's response about not spending on current medical expenses, I would add that you also must be eligible to qualify to contribute to an HSA by being covered by an eligible HDHP (High Deductible Health Plan).

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