HSA

abbreviation for

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

Word History and Origins

Origin of HSA¹

First recorded in 2000–05

Example Sentences

Or I could keep the HSA as backup in hopes of leaving it to my heirs.

From Los Angeles Times

If anyone other than your spouse inherits the HSA, however, it basically stops being an HSA.

From Los Angeles Times

The account becomes taxable to the beneficiary in the year you die, which means the HSA loses one of its three tax breaks.

From Los Angeles Times

But generally it’s better to use the HSA yourself or leave it to a spouse and designate other money for heirs.

From Los Angeles Times

If you’re reluctant to tap the HSA, give yourself the option of “deathbed drawdown.”

From Los Angeles Times