Health savings account

In accounting, health savings account means an accountCore ledgerAccountA GL account in the chart of accounts. Always qualify when a bank account is meant. the employee owns, funded pre-tax by the employee or the employer while they are covered by an HDHPBenefitsHigh-deductible health planA health plan with at least the year's minimum deductible and no more than its out-of-pocket maximum — for 2026, $1,700 and $8,500 self-only, $3,400 and $17,000 family. Coverage under one is what makes a person HSA-eligible; from 2026, Exchange bronze and catastrophic plans count too, spent tax-free on medical care and carried from job to job. 2026 limits: $4,400 self-only, $8,750 family, plus $1,000 from age 55.