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BASIC HSA
Frequently Asked Questions
- What is a Health Savings Account?
- What is a High Deductible Health Plan?
- How do I know if I am eligible to contribute to an HSA Account?
- What happens to any balances in my HSA that I do not use by the end of the year?
- How do I ensure I report my HSA expenses accurately?
- What is the BASIC HSA™?
- How much does a BASIC HSA™ cost?
- What tax forms will I receive with my HSA?
- What are Qualified Medical Expenses?
- Who is responsible for ensuring that I am only using my HSA for qualified medical expenses?
- What if I do not use my HSA for qualified medical expenses?
- How do I Pay for Qualified Medical Expenses?
- What if my medical service provider does not accept MasterCard?
- Does my HSA have to have enough money before I can pay for a qualified medical expense?
- What if funds are not available in my HSA when I incur a qualified medical expense?
- When I make a withdrawal out of my HSA to pay for a qualified medical expense do I have to pay taxes on it?
- How do I use Fifth Third Bank’s On-line Banking?
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