What is an Archer MSA?

Article ID: 59833  

Question
What is an Archer MSA?

Answer

An Archer MSA is a tax-exempt trust or custodial account set up with a financial institution such as a bank or an insurance company. Contributions you make to the account can be used to pay for health-care expenses not covered by your health insurance plan.  For further infomation on whether you qualify for an Archer MSA deduction, please see https://www.irs.gov/forms-pubs/about-form-8853


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Views: 1779 Created on: Jun 15, 2013