MAX OUT YOUR HSA YEARLY!!! BANDAIDS, NEOSPORIN, I THINK BURTS BEESWAX!!!
They take every penny you don’t spend when you quit. I had to let 10k go earlier this year, and the kicker, the company you worked for gets to keep it. Carte Blanche. Mine gave it to mgrs as a bonus.
FSA (Flexible Spending Account) is funded by pretax money and can be used on certain health expenses. While you can have an FSA regardless of health insurance plan, the money is USE IT OR LOOSE IT.
HSA (Health Savings Account) is similar to an FSA, but only available to people with a high deductible insurance plan. This money is YOURS FOREVER and can even be invested.
No, you should probably collect your documentation and engage an attorney. Money in an HSA is yours, whether you leave the company or not. Your contributions need to be made while you’re covered under an eligible health plan, but once you’ve made the contribution, funds are yours forever, and can be spend on any eligible expense in the future.
MAX OUT YOUR HSA YEARLY!!! BANDAIDS, NEOSPORIN, I THINK BURTS BEESWAX!!! They take every penny you don’t spend when you quit. I had to let 10k go earlier this year, and the kicker, the company you worked for gets to keep it. Carte Blanche. Mine gave it to mgrs as a bonus.
This is FSA not HSA
Just to add context:
FSA (Flexible Spending Account) is funded by pretax money and can be used on certain health expenses. While you can have an FSA regardless of health insurance plan, the money is USE IT OR LOOSE IT.
HSA (Health Savings Account) is similar to an FSA, but only available to people with a high deductible insurance plan. This money is YOURS FOREVER and can even be invested.
You got scammed dude
No, you should probably collect your documentation and engage an attorney. Money in an HSA is yours, whether you leave the company or not. Your contributions need to be made while you’re covered under an eligible health plan, but once you’ve made the contribution, funds are yours forever, and can be spend on any eligible expense in the future.