HSAs After Death: What You Need to Know

HSA inheritance and tax rules

Health Savings Accounts (HSAs) are a great way to save money.  Unlike any other tax-advantaged account, they provide a triple tax benefit:  Contributions are tax-deductible. Monies inside the HSA grow tax-free Withdrawals are tax-free if used for medical expenses.  Withdrawals after age 65, if not used for medical expenses, are subject to regular income taxes. […]