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 Funds are not taxed when withdrawn for qualified medical expenses.
Many people wonder how exactly you withdraw these funds: 1  You can use an HSA debit card. Simply save your qualified medical expense receipts to report to the I.R.S. 2  You can pay for them out of pocket. This could be the best bet for my client who likes to use one card for everything.