![]() ![]() What medical expenses are eligible under the H.S.A.?Ī. Yes, contribution levels can be based upon different classes if the business is a corporation. Can employers contribute different amounts for different employees?Ī. All unused funds can be carried over to the following year. What happens to the money if I don’t use it in the year?Ī. For your business it is a 100% tax deductible expense. What is the tax-advantage of a Health Spending Account?Ī. Funds in the account can be used by employees to pay for Dental and Health Care costs not covered by your regular health insurance plan. A Health Spending Account is similar to a bank savings account. Frequently Asked Questions Health Spending Accounts (H.S.A.)Ī. ![]()
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