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

For individuals who have up to $4,400 or families with $8,750 to drop into an HSA, the tax benefits are clear.

From MarketWatch • Mar. 30, 2026

‘I’d like to set both kids up with an HSA and a Roth IRA.’

From MarketWatch • Mar. 12, 2026

You generally can’t use HSA funds to pay monthly premiums, but you can put that savings toward out-of-pocket costs, such as the hefty deductible that many policies have.

From Barron's • Feb. 19, 2026

Don’t overlook this triple-tax-advantaged powerhouse: Money is contributed tax-free to an HSA, grows tax-free, and can be withdrawn tax-free as long as it’s used for qualifying medical expenses.

From Barron's • Feb. 19, 2026

They aren’t contributing to the second HSA, which currently has $23,000 and was set up by Brady Muñoz at a previous employer.

From The Wall Street Journal • Feb. 3, 2026