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Financial Answer Center

Health Savings Accounts

Can Your Contributions Earn Interest?

Your HSA contributions earn interest. As the account owner, you can direct your contributions to any number of savings or investment options offered by the trustee or custodian of your HSA. Any interest and investment earnings on your contributions grow tax-deferred until money is withdrawn from your HSA. In addition, interest will be tax-free when you withdraw to pay for qualified medical expenses.

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