Oct 30, 2023 · No. HSA money is yours to keep. Unlike a flexible spending account (FSA), unused money in your HSA isn't forfeited at the end of the year; it continues to grow, tax-deferred. Can I cash …

Dec 18, 2025 · No, you do not lose unspent HSA funds at the end of the year. Health Savings Accounts do not operate under a “use it or lose it” model, like a Flexible Spending Account (FSA) does. Any …

It’s common to confuse the key features of an HSA with those of a flexible spending account, or FSA. FSAs typically have a “use it or lose it” feature, which means you lose the money left in the account …

Thankfully, you can breathe easy. With an HSA, your money doesn't vanish at the end of the year. In contrast to flexible spending accounts (FSAs), which enforce a 'use it or lose it' policy, the funds in …

Unlike other types of medical expense savings accounts, HSAs are not subject to a "use it or lose it" provision that would require you to forfeit or use up the money in the account by the end of the year.

Dec 8, 2022 · Once you turn 65, you can withdraw your funds for any reason and avoid the 20% penalty that typically applies for nonmedical distributions. You'll only be on the hook for income taxes. That …

Dec 27, 2022 · Unlike other types of medical spending accounts, HSAs are not subject to the “use-it-or-lose-it” provision that would cause you to forfeit any unused funds by the end of the year. And, as a …

No, unused balances in a Health Savings Account automatically rolls over year after year. You won’t lose your money if you don’t spend it...

Feb 26, 2025 · Unlike some other health plans where unused funds are forfeited at the end of the year, the money in your HSA is yours to keep. This feature provides flexibility and peace of mind, allowing …

May 31, 2023 · Unlike some other types of healthcare accounts, HSAs do not have a "use it or lose it" rule. This means that any unused funds in an HSA at the end of the year will roll over to the next year.