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.

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Etymology

Origin of HSA

First recorded in 2000–05

Example Sentences

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overlook this triple-tax-advantaged powerhouse: Money is contributed tax-free to an HSA, grows tax-free, and can be withdrawn tax-free as long as it’s used for qualifying medical expenses.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

That’s lower than an HSA, but “it’s better than nothing,” says Judson Meinhart, a certified financial planner in Winston-Salem, N.C.

From MarketWatch • Jan. 27, 2026

You can still benefit from tax-free withdrawals from your HSA to spend on qualified medical expenses, including Medicare premiums.

From MarketWatch • Jan. 27, 2026