Frequently Asked Questions


What is an HSA?
Who is eligible to open an HSA?
Can I be covered under another health plan and still open an HSA?
What are the advantages of opening an HSA?
Which expenses are considered IRS-qualified medical expenses?
How do I use my HSA funds to pay for IRS-qualified medical expenses?
Can I use my HSA funds to pay for an expense that isn't "IRS-qualified"?
Do I need to submit receipts for my expenses?
What if I don't use all of my funds within the year?
What if I am no longer covered under a high deductible health plan (HDHP)?


What is an FSA?
How does an FSA work?
What are the differences between Healthcare FSAs, Limited Purpose FSAs, and Dependent Care FSAs?
Can my Healthcare FSA funds be used to cover my spouse's healthcare expenses even if he or she is not covered by my health insurance plan?
How much can I contribute to my Healthcare FSA?
What if I don't use all of my funds within the year?
What happens if my employment ends?


What is an HRA?
What are the benefits of an HRA?
What types of medical expenses are covered by an HRA?
Can I use an HRA if I have health insurance?
What happens to my HRA funds if I leave my company or retire during the plan year?


How can I access various member forms, such as Contribution & Withdrawal forms, Authorized Signer form, Designation of Beneficiary form, Change of Address form, etc.?