What is HSA Reimbursement? | Meaning & Definition | Akrivia HCM

The HSA or Health Savings Account was created to help individuals and families save money on future health care costs. This tax-advantaged savings account can be used as an investment vehicle for paying out-of-pocket medical and dental expenses. And because HSA accounts don’t count towards your annual contribution limit for Traditional IRAs, 401(k)s, and other retirement plans, there’s more money available to save for retirement.

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