gptkbp:instanceOf
|
gptkb:bank
|
gptkbp:abbreviation
|
gptkb:HSA
|
gptkbp:availableOn
|
gptkb:United_States
|
gptkbp:canBe
|
qualified medical expenses
|
gptkbp:canBeInheritedBySpouse
|
true
|
gptkbp:canInvestFunds
|
true
|
gptkbp:cannotBeUsedWith
|
other health FSA
|
gptkbp:catchUpContributionAge
|
55
|
gptkbp:catchUpContributionAmount2024
|
$1,000
|
gptkbp:contributionLimit2024Family
|
$8,300
|
gptkbp:contributionLimit2024Individual
|
$4,150
|
gptkbp:contributionsAreTaxDeductible
|
true
|
gptkbp:earningsAreTaxFree
|
true
|
gptkbp:establishedBy
|
gptkb:Medicare_Prescription_Drug,_Improvement,_and_Modernization_Act
|
gptkbp:establishedIn
|
2003
|
gptkbp:fundsBelongTo
|
account holder
|
gptkbp:fundsRollOverYearToYear
|
true
|
https://www.w3.org/2000/01/rdf-schema#label
|
health savings account
|
gptkbp:noPenaltyForNonQualifiedWithdrawalsOver65
|
true
|
gptkbp:notSubjectToRequiredMinimumDistributions
|
true
|
gptkbp:owner
|
single
|
gptkbp:penaltyForNonQualifiedWithdrawalsUnder65
|
20% plus income tax
|
gptkbp:portable
|
true
|
gptkbp:purpose
|
save for medical expenses
|
gptkbp:regulates
|
gptkb:Internal_Revenue_Service
gptkb:IRS_Code_Section_223
|
gptkbp:requiresHighDeductibleHealthPlan
|
true
|
gptkbp:taxAdvantaged
|
true
|
gptkbp:withdrawalsForQualifiedMedicalExpensesAreTaxFree
|
true
|
gptkbp:bfsParent
|
gptkb:Medical_Savings_Account_plans
|
gptkbp:bfsLayer
|
6
|