Yes, you can open a health savings account (hsa) even if your employer doesn't offer one.

Can i have a hsa without health insurance. A health savings account (hsa) is a type of bank account that helps you reduce your taxable income while saving money on a range of health care expenses. At first, i thought i would just keep my hsa until i'm old enough to cash it out without penalty (still 20+ years away) or for when/if a high deductible plan becomes available. You cannot use your hsa balance to:

Can i fund an hsa on my own? By using an hsa, you. You must have hdhp coverage in order to.

Senior vice president, health benefit solutions, bank of america. If your spouse has a traditional health insurance plan, such as a ppo or hmo, that provides individual coverage only, then yes, you are eligible to participate in an hsa, but only if. Generally, to be eligible to contribute to an hsa an individual cannot be covered by another health plan that is not an hdhp.

While you can use the funds in an hsa at any time to pay for qualified medical expenses, you may contribute to an hsa only if you have a high deductible health. If you want to move your hsa, you have several options. Yes, you can open a health savings account (hsa) even if your employer doesn't offer one.