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What are the benefits of an Archer MSA?

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You may enjoy several benefits from having an Archer MSA. • You can claim a tax deduction for contributions you make even if you do not itemize your deductions on Form 1040 or Form 1040NR. • The interest or other earnings on the assets in your Archer MSA are tax free. • Distributions may be tax free if you pay qualified medical expenses. See Qualified medical expenses, later. • The contributions remain in your Archer MSA from year to year until you use them. • An Archer MSA is “portable” so it stays with you if you change employers or leave the work force. more
smartmedicalconsumer.com
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