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Medical Savings Account |
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Medical Savings Account (MSA) An Archer MSA is a tax-exempt trust or custodial account that you set up with a U.S. financial institution (such as a bank or an insurance company) in which you can save money exclusively for future medical expenses. To patrticipate in an Archer MSA you must be either self-employed or an employee of an eligible small employer. MSA contributions are deductible, subject to limits, as an adjustment to income. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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