turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Is a MDEA Medical/Dental Savings Account the same as a HSA or MSA?

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

4 Replies

Is a MDEA Medical/Dental Savings Account the same as a HSA or MSA?

Is a MDEA Medical/Dental Savings Account the same as a HSA or MSA?

Probably not, but you will need to ask your employer.  MDEA is not an IRS term and is not found in the IRS regulations.

 

I found a web site for Minnesota government employees that used the term MDEA to refer to a type of flexible spending account (FSA).  In this case, an FSA is NOT an HSA or MSA, the rules are very very different.

 

You can read more here, or ask if you have a specific question.

https://www.irs.gov/forms-pubs/about-publication-969

Is a MDEA Medical/Dental Savings Account the same as a HSA or MSA?

Thank you so much for the info! 

dmertz
Level 15

Is a MDEA Medical/Dental Savings Account the same as a HSA or MSA?

"MDEA" appears to refer to an FSA, not an HSA, provided to employees of the Minnesota state government.  As such, it goes nowhere on your tax return and would prevent you from being qualified to make an HSA contribution.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies