Three New Ways to Qualify for an HSA, and a Shorter Window to Use Them

A health savings account, or HSA, is the only account in the tax code that gives you a deduction going in, tax-free growth along the way, and tax-free withdrawals for medical costs. You can only fund one while you are covered by a qualifying high deductible health plan, and that qualification test is where most people get stopped.

Before 2026, qualifying meant meeting two federal tests: a deductible at or above a set minimum, and out-of-pocket exposure at or below a set maximum.