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Glossary Definition

What is a Health Savings Account?

A health savings account (HSA) allows individuals with high-deductible health plans to build tax-advantaged savings for qualified medical expenses. Employers offer the HSA, and both employers and employees can contribute to the account. Contributions are tax-deductible to the employee, and distributions are not taxable if they are made for qualified health costs.

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Corvee Blog

Read the latest tax planning thought leadership from Corvee.

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Tax Planning Strategies

Our team of tax experts has scoured tax rules and regulations to create detailed tax strategies you can use to find savings for your clients.

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