HSA

American  

abbreviation

1. health savings account: a tax-advantaged savings account that an individual with a high-deductible health plan can use to pay healthcare expenses.

---

Etymology

Origin of HSA

First recorded in 2000–05

Example Sentences

He hasn’t contributed to his HSA up to now, so he starts contributing the annual maximum of $4,300.

From Barron's

If they can instead pay for their medical expenses out of pocket, then the HSA becomes like a tax-deferred savings account that is even better than a Roth IRA.

From Barron's

To optimize your HSA, make annual contributions, but use non-HSA funds to pay for healthcare expenses so your money can grow tax-deferred, says Molly Reese Ward, an advisor with Equitable Advisors.

From Barron's

For 2026, the maximum amount that consumers can contribute to their HSA is $4,400 for individual coverage and $8,750 for family coverage.

From Barron's

Money in HSA accounts can be used toward the plan’s deductible, coinsurance, copayments, and for non-covered costs such as eyeglasses.

From Barron's