Archer Medical Savings Account

GPTKB entity

Statements (20)
Predicate Object
gptkbp:instanceOf medical savings account
gptkbp:abbreviation gptkb:Archer_MSA
gptkbp:benefit contributions are tax-deductible
withdrawals for qualified medical expenses are tax-free
earnings grow tax-deferred
gptkbp:country gptkb:United_States
gptkbp:eligibility self-employed individuals
employees of small businesses
gptkbp:governedBy gptkb:Internal_Revenue_Code_Section_220
https://www.w3.org/2000/01/rdf-schema#label Archer Medical Savings Account
gptkbp:introducedIn 1996
gptkbp:namedAfter gptkb:Bill_Archer
gptkbp:purpose tax-advantaged medical savings
gptkbp:relatedTo gptkb:Health_Savings_Account
gptkb:Medical_Savings_Account
Flexible Spending Account
gptkbp:replacedBy gptkb:Health_Savings_Account
gptkbp:status no new accounts after 2007
gptkbp:bfsParent gptkb:IRS_Publication_969
gptkbp:bfsLayer 6