Medical Savings Accounts
From SmartMedicalConsumer Wiki
From the IRS publication 969 (2007) "Health Savings Accounts and Other Tax-Favored Health Plans"
- Archer MSAs were created to help self-employed individuals and employees of certain small employers meet the medical care costs of the account holder, the account holder's spouse, or the account holder's dependent(s).
- A Medicare Advantage MSA is an Archer MSA designated by Medicare to be used solely to pay the qualified medical expenses of the account holder who is eligible for Medicare.
