What does medical savings account mean?
Definitions for medical savings account
med·i·cal sav·ings ac·count
This dictionary definitions page includes all the possible meanings, example usage and translations of the word medical savings account.
Wikipedia
Medical savings account
A medical savings account (MSA) is an account into which tax-deferred amounts from income can be deposited. The amounts are often called contributions and may be made by a worker, an employer, or both, depending on a country's laws. The money in such accounts is to be used to pay for medical expenses. Withdrawals from the account often called distributions, if made for that reason, may or may not be subject to income tax. Withdrawals without adequate documentation of use for medical expenses are subject to penalties.
Numerology
Chaldean Numerology
The numerical value of medical savings account in Chaldean Numerology is: 9
Pythagorean Numerology
The numerical value of medical savings account in Pythagorean Numerology is: 8
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"medical savings account." Definitions.net. STANDS4 LLC, 2024. Web. 1 May 2024. <https://www.definitions.net/definition/medical+savings+account>.
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