- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Once you receive your remaining balance, you have 60 days to contribute your funds into another HSA in your name, or use them for qualified medical expenses.
- Funds not contributed into an HSA could be subject to income tax.
- Funds used for non-medical expenses could be subject to income tax and an additional 20% penalty.
‎June 6, 2019
7:30 AM