Table of Contents 19 - Health Savings Accounts Overview Benefits of an HSA Who May Establish an HSA High Deductible Health Plan (HDHP) Preventative Care Other Limits for HDHPs HDHP Insulin Safe Harbor Coronavirus Relief Temporary Absence of HDHP Deductible for Telehealth Network Plans Prescription Drug Plans Other Limits on Eligibility Permitted Insurance and Other Coverage Health Reimbursement Arrangements (HRAs) and Flexible Spending Arrangements (FSAs) FSA Grace Period from " Use-it-or-Lose-it " Rule and HSA Contributions Temporary FSA Rules May Affect HSAs Establishing the HSA IRS Model HSA Documents Disclosure Statement HSA Investment Options Fees Sales or Brokerage Commissions FDIC Insurance Bankruptcy Prohibited Transactions Checking Accounts and Debit Cards Credit Card Arrangements Overdraft Protection Companion Account for Overdrafts Incentive to Open an HSA Is Not a Prohibited Transaction Pledging the HSA as Security for a Loan is Prohibited Borrowing from an HSA is Prohibited ERISA Concerns Employers Financial Organizations Contribution Rules Tax-Deduction for HSA Owner Contribution Deadline Employer Contributions Maximum HSA Contribution Dollar Limit Contribution Limits HSA Contributions Made with IRA Funds Monthly Pro Rata Contributions Full-Contribution Rule for Individuals HSA Eligible in December IRA Digital Reference Manual © PMC