HSA vs. FSA: Which is better? If you're eligible for both an HSA and FSA, be sure to carefully weigh each option, considering the pros and cons we've outlined above. The choice of HSA vs. FSA (or HSA plus limited purpose FSA) comes down to your personal financial situation as wel...
Some employers may deposit all or a portion of the deductible in an HSA. This money is not considered income, which means you don't have to pay taxes on it. Other employers simply set up the account, and you must make deposits to the account. Even if your employer contributes to your ...
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Typically, if you have an HSA, you're not eligible to open a regular FSA. A regular FSA is different than an LPFSA. A regular FSA lets you use pretax dollars to pay for qualified medical expenses, including dental and vision expenses.2An LPFSA lets you use pretax dollars to pay for...