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Will a Distribution from Your HSA be Tax & Penalty Free?

Writer's picture: Derick CoffeyDerick Coffey

The triple tax advantage that the HSA provides is wonderful. The process of withdrawing the funds to ensure you do not incur taxes and/or penalties is not so wonderful. If you need to withdraw funds from an HSA, this flowchart can help prepare you for any applicable taxes and/or penalties related to the withdrawal.



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