Frequently Asked Questions

Stacked Card FAQs
Stacked Card


Who is HSA Bank?
Who is eligible to open an HSA?
What is HSA Bank's routing number?
What is a "high-deductible health plan"?
What other kinds of health coverage can I have and still be eligible to open an HSA?
May a husband and wife have a joint HSA?
Who can contribute to my HSA?
Do I need earned income in order to contribute to an HSA?
Are there limits to how much I can contribute to my HSA?
What is a "catch-up" contribution?
If I do not have an HSA-compatible health plan for an entire calendar year, how much can I contribute?
Is there a deadline for contributions made to an HSA?
What happens when I exceed the yearly maximum amount of HSA contributions?
What are the "IRS-qualified medical expenses" that I can pay for with my tax-free HSA funds?
Are health insurance premiums considered IRS-qualified medical expenses?
Can I use my tax-free HSA savings to pay for — or reimburse myself for — IRS-qualified medical expenses from a previous year?
Who is responsible for making sure HSA funds are only used to pay for IRS-qualified medical expenses?
Can my HSA funds ever be taxed?
What types of investments can I use HSA funds for?
Can I rollover or transfer money from a previous medical savings account (MSA) or HSA to my current HSA at HSA Bank?
Can I use my HSA for non-medical expenses after age 65?
Once I am on Medicare, can I use my HSA for my premiums?

Stacked Card FAQs

The key to a successful Consumer-Directed Health Plan is simplicity of use. As a primary tool to make transactions easier for plan participants, HSA Bank offers a Stacked Card — one card that can be used to pay for medical-related expenses across all accounts. A stacked card can be used in conjunction with Health Savings Accounts (HSAs), Health Reimbursement Arrangements (HRAs), and Flexible Spending Accounts (FSAs).

What is a Stacked Card?
How does it work?
What if a transaction is not auto-substantiated?
What are the benefits to the employer?
What are the benefits to the participant?
Why the HSA Bank Stacked Card?
What are the employer benefits of offering a Health Reimbursement Arrangement (HRA)?
Why select our HSA Bank HRA Arrangement?
What are the employee benefits of having an HRA?


What is the benefit of having a Flexible Spending Account (FSA)?
How does an FSA work?
What is A Healthcare FSA?
What is a Limited Purpose Medical FSA?
What is a Dependent Care FSA?
What is the advantage of having an FSA with HSA Bank?
Is an FSA right for employees?