Knowledges

Transferring IRA Money to an HSA

Did you know you can make a one-time, penalty- and tax-free money rollover from your individual retirement account (IRA) to a health savings account (HSA)? The process is officially known as a qualified HSA funding distribution, and it was made possible by the Health Opportunity Patient Empowerment Act in 2006. KEY TAKEAWAYS HSAs come with […]