HSA vs FSA: Which Account Is Right for Me?
Both HSAs and FSAs help you save money on healthcare, but they work differently. Compare features to find the best fit for your needs.
Key differences
Ownership: HSAs are individually owned and portable; FSAs are employer-sponsored. Eligibility: HSAs require a high-deductible health plan; FSAs work with any employer health plan. Rollover: HSA funds roll over indefinitely; FSA funds generally expire at year-end (some employers offer carryover or grace periods). Contribution limits (2025): HSA — $4,300 individual / $8,550 family; FSA — $3,300. Investing: HSA funds can be invested for growth; FSA funds cannot. Availability: FSA funds are available in full on day one; HSA funds are available as contributed. Tax treatment: Both use pre-tax contributions; HSA withdrawals for medical expenses are also tax-free.