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The main differences between an HSA (Health Savings Account) and a flex spending account are that HSAs are owned by the individual and can be carried over from year to year, while flex spending accounts are owned by the employer and typically have a "use it or lose it" rule where funds must be used within the plan year. Additionally, HSAs are paired with high-deductible health plans, while flex spending accounts are available with various types of health insurance plans.

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6mo ago

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There is no such thing as a Health Savings Account Flex Plan. You either had a Health Savings Account (HSA) or a Flexible Savings Account (FSA). If you had a HSA the money is yours to keep, whereas any money in the FSA is kept by the employer.


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