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FSAs and HSAs are tax-free savings accounts to help you pay out-of-pocket health care costs. The main difference between the two are that HSAs are individual-owned and operated accounts, while FSAs are offered and owned by an employer. Find more information about EmblemHealth’s plans and benefits at https://www.emblemhealth.com/plans. | EmblemHealth
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What's the difference between an HSA and an FSA? 🤔 HSA stands for health savings account, and this is a triple tax-advantaged account that you can use to save for health expenses. The biggest benefit? The money you put in an HSA is YOURS—no expiration date. On the other hand, an FSA (or flexible spending account) doesn't roll over from year to year. You still get the tax benefits on your contributions, but whatever you don't spend by the end of the year expires. So plan accordingly! | Jean Chat
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