If you sign up for a health savings account (HSA) and you decide you no longer want it can you cash it out?
Friday, September 14th, 2007radioactive_babywipes asked: Let’s say that I sign up for a HSA through my employer and later on I figure out that it is not a good deal for me. Can I cash out the plan just like a savings account? I was told two things…1. That the money stays in the account forever and you [...]
Do I have to report withdrawals from my health savings account if my employer made the contribution?
Wednesday, October 18th, 2006Bern asked: My employer opened a health savings account in 2007. I used those funds for medical bills in 2007. Do I have to report those withdrawals and if so, are they taxable?Shanell Laface
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