Health Savings Accounts

123456789101112
Across
  1. 2. Contributions into this are income-tax deductible
  2. 4. Another use for a Health Savings Account if medical bills are not incurred
  3. 6. An additional contribution of $1,000 to your HSA if you are over 55 years of age.
  4. 8. An HSA is mainly used for these types of medical bills
  5. 9. Rich people love this advantage of HSA’s
  6. 10. Lowering these makes health insurance more affordable
  7. 11. Deductibles, contribution limits, and out-of-pocket limits are adjusted annually due to this
  8. 12. Being eligible for this government assistance program prevents you from establishing a qualified HSA
Down
  1. 1. Many low and middle-income persons are unable to utilize HSA’s because of this aspect of the plan
  2. 3. This plan allows health savings accounts to be sponsored by an employer
  3. 5. These types of distributions into an HSA prior to age 65 are subject to income tax and a potential tax penalty
  4. 7. The age limit to make contributions into a Health Savings Account