Originally Posted by
Deez340
There is a HUGE difference between and FSA, MSA, and HSA. It seemed like we were mixing terms a bit there in this thread. The HSA is great if it fits your situation. If your healthy it's like another IRA.
You are right. Here at FedEx we have our Health Care Savings Account or HCSA which is actually a Flexible Spending Account or FSA rather than a Health Savings Account or HSA. The big difference being FSAs are use or lose while the HSAs are yours forever and earn interest.
Clear as mud, right?