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What can an employee do with the money in their HSA if they retire or qualify for Medicare?

April 26, 2017employee HSA medicare money qualify retire

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What can an employee do with the money in their HSA if they retire or qualify for Medicare?

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They may keep their HSA and “spend it down” on medical expenses. However, they cannot continue to contribute toward the account if they are on Medicare or no longer on a high-deductible health plan.