Health Savings Account

Cuenta de Ahorros para la Salud

In 9 languages

LanguageTerm
EnglishHealth Savings Account
Spanish (Español) Cuenta de Ahorros para la Salud
Chinese (中文) 健康储蓄账户
Korean (한국어) 건강 저축 계좌
Vietnamese (Tiếng Việt) Tài khoản tiết kiệm sức khỏe
Filipino (Tagalog) Health Savings Account
Portuguese (Português) Conta poupança de saúde
Thai (ภาษาไทย) บัญชีออมทรัพย์สุขภาพ
Japanese (日本語) 健康貯蓄口座

What it means

A Health Savings Account (HSA) is a tax-advantaged bank account available to people enrolled in a qualifying High-Deductible Health Plan (HDHP). You, your employer, or both can contribute pre-tax dollars up to the IRS annual limit. Funds pay for qualified medical expenses—doctor visits, prescriptions, dental, vision—without federal income tax. Unlike a Flexible Spending Account, unused HSA money rolls over indefinitely and can earn interest or investment returns. After age 65, you can withdraw HSA funds for any reason without penalty, though non-medical withdrawals are taxed like traditional retirement account distributions. An HSA is one of the only triple-tax-advantaged accounts under federal law.

How to say it

Sentences a patient might use with a doctor, nurse, pharmacist, or insurer:

HSA—health savings account

cuenta de ahorros para la salud

tax-free medical savings account

cuenta de ahorros médicos libre de impuestos

HSA bank account for medical expenses

cuenta bancaria HSA para gastos médicos

Where you'll see it

HDHP enrollment materialsIRS Form 8889employer benefits summarybank or financial institution HSA statements

Related terms

Sources

US Glossary Español A–Z US Codes United States

Last reviewed: September 2026