To be an eligible individual and qualify for an HSA, you must meet the following requirements. You are covered under a high deductible health plan (HDHP), described later, on the first day of the month. You have no other health coverage except what is permitted under Other health coverage , later.
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What is an 'Endowment' An endowment is a donation of money or property to a non-profit organization, which uses the resulting investment income for a specific purpose.