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Dormant HSA Funds Can Be Seized, What to Do

A Health Savings Account is supposed to stay with you for life, but if you do not use it, you could lose actually lose it.

HSAs are intended to make medical expenses more affordable by allowing consumers with high-deductible health plans to set aside pretax money in an account that, unlike a Flexible Spending Account, will not expire at the end of the year.

You can keep these accounts as you change jobs, which allows you to build up funds that you can spend as you need to or save for retirement.

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