Fact Sheet: Health Savings Accounts: Myth Vs. Fact

Fact Sheet: Health Savings Accounts: Myth Vs. Fact: "Under the President's proposals, a family of four making $25,000 per year or less will be able to receive a refundable tax credit of $3,000 to help purchase an HSA-qualified policy covering major medical expenses. Families will be able to place up to $1,000 of this money directly into an HSA to pay for routine medical expenses. What the family does not spend can be saved in the account and carried over to the next year, earning interest tax-free. "