Yes. Unused funds remain in the account from year to year and there is no “use it or lose it” provision. If you do not have to use your HSA funds for current medical expenses, you can save it for future use.
Once you’ve saved $1,000 in your HSA, you can also establish an investment account using your HSA contributions, with a variety of mutual funds to choose from. Visit our Investment Services page to learn more about this option.
If you have questions, contact us at 1-888-472-8697.