Exam term

Triple tax advantage

The HSA's combination of deductible or excludable contributions, tax-free growth and tax-free withdrawals for qualified medical expenses. Other withdrawals are taxed plus a 20 percent penalty, waived after death, disability or age 65.

Lessons that use this term

Consumer-directed health accounts: FSA, HDHP/HSA, and HRA Florida
Consumer-directed health accounts: FSA, HDHP/HSA, and HRA New York