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Interesting Facts You Probably Didn't Know About HSAs
Frenkel BenefitsLink to more items from this source
Dec. 1, 2015

"An employee who has significant medical spend and meets his/her medical deductible can then convert a limited-purpose FSA into a traditional full-purpose FSA for the remainder of the year -- effectively allowing some HSA participants to shield $9,300 from taxable income in 2016 ($6,750 maximum HSA funding and $2,550 maximum healthcare FSA funding).... Three states -- California, New Jersey and Alabama -- will tax employer and employee HSA contributions at the state level. Funds will always be exempt at the federal level."

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