In geographical terms the Caribbean area includes the Caribbean Sea and all of the islands located to the southeast of the Gulf of Mexico, east of Central America and Mexico, and to the north of South America.
An HSA is a special, tax-advantaged savings account you can use to pay for qualified medical expenses. You deposit money in your HSA, where it earns interest tax-free. Funds are not taxed when withdrawn for qualified medical expenses.
HSA money cannot generally be used to pay your insurance premiums. See exceptions above under âCan my HSA be used to pay premiums?â. *See IRS Publications 502 (âMedical and Dental Expensesâ) and 969 (âHealth Savings Accounts and Other Tax-Favored Health Plansâ) for more information.