The Wellness Saving Account that is provided to you is meant to be used for purchases that incorporate well-being. The most important differentiator is that any company-contributed funds that are spent in the WSA will be taxed as income. HSA accounts are pre-tax accounts that should be used for health-related expenses such as co-pays, prescriptions, and procedures. This money is added to your account on a pre-tax basis.
What is the difference between a WSA and an HSA? Print
Created by: Kelly Hummell
Modified on: Mon, 13 Aug, 2018 at 3:51 PM
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