How does an HSA work?
When you enroll in an HSA-compatible health plan, you have the option to open an HSA. Once you open an HSA, you contribute money to your HSA through pre-tax or post-tax contributions. You can use the money in your HSA to pay for qualified medical expenses. Many financial institutions will provide a debit card or checks for easy access to your HSA funds. Any money you don’t use in one year simply gets rolled over to the next year.
