Under federal law, most retirement assets are exempt from being part of the debtor’s bankruptcy estate and are therefore protected. However, federal law allows the states to determine whether HSA accounts are exempt from creditors. In addition, federal law allows states to opt out of the specified federal exemptions. Be sure to check with your legal counsel and tax accountant to see how you are affected.
Articles in this section
- What is an HSA?
- How does an HSA Work?
- What are the benefits of an HSA?
- What are the requirements of an HSA? Am I eligible?
- What are the tax implications of investing my HSA funds?
- What designates a qualifying High Deductible Health Plan?
- Do I have to get an HSA if I am on a High Deductible Health Plan?
- How does money get into my HSA account?
- How can I get an HSA?
- If I have a family, can I still have an HSA?