Yes, HSA funds roll over from year to year. Unlike a Flexible Spending Account (FSA), there is no use-it-or-lose-it rule for HSAs. Your HSA balance grows over time and can be invested. HSA funds can be used for qualified medical expenses at any time, including in retirement.
Key Points
- HSA funds roll over from year to year
- No use-it-or-lose-it rule (unlike FSA)
- HSA balance grows over time and can be invested
- HSA funds can be used for qualified medical expenses at any time
- HSA is a powerful retirement savings tool for medical expenses