The assets of health savings accounts must be held in trust and cannot be subject to forfeiture. (Consumer-Driven Health Care)

Question

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Health savings accounts (HSAs) are designed to help individuals save for qualified medical expenses on a pre-tax basis. The funds contributed to HSAs are held in trust and are not subject to forfeiture. This means that the account owner maintains ownership and control over the funds in the account, and the funds cannot be taken away by the employer or the health plan.

The Assets of Health Savings Accounts Must Be Held in Trust