Health FSA Carryovers and Eligibility for HSAs

Chief Counsel Memorandum addresses impact of Health FSA carryovers on eligibility for a Health Savings Account.

Document Excerpt

May an otherwise eligible individual under section 223(c)(1)(A) of the Internal Revenue Code (the Code) contribute to an HSA if the individual participates in a general purpose health FSA solely as the result of a carryover of unused amounts from the prior year?


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