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 Funds are not taxed when withdrawn for qualified medical expenses.
How a Health Savings Account (HSA) Works. An HSA is a savings account that helps you pay for health care expenses tax-free. To see if an HSA is right for you, visit SelectAccount.Â®. Learn more about an HSA. An HSA works with an eligible health plan that has a higher deductible. You can use your HSA to pay for eligible health care expenses. It saves you money because it is tax-free. It can also help you save for retirement.