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Health Savings Accounts

A Health Savings Account (HSA) is a medical savings account available to employees who have enrolled in Aetna Plan 4 (the High Deductible Health Plan). The funds contributed to an HSA are not subject to federal income tax at the time of deposit. Unlike a flexible spending account, funds roll over and accumulate year-to-year if not spent. HSAs are owned by you, not by your employer. HSA funds may be used to pay for qualified medical expenses at any time without federal tax liability or penalty.