Medical Savings Account - MSA

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Dictionary Says

Definition of 'Medical Savings Account - MSA'

A medical plan combining high-deductible medical insurance protection with a tax-deferred savings account that can be offered by employers as part of a benefits package. Medical savings accounts are designed to help participants pay for medical and healthcare expenses by allowing them to save for those expenses in a tax-sheltered environment. Participants pay healthcare expenses from this account up to the amount of the insurance deductible.

Also known as "Archer medical savings accounts" or "Archer MSAs."
Investopedia Says

Investopedia explains 'Medical Savings Account - MSA'

Archer MSAs cannot be established after 2007 and have been replaced by health savings accounts (HSAs), which were introduced in 2003. However, MSAs already established can continue to accept new contributions. MSAs can also be rolled over into HSAs, but no new contributions can be made once the account holder becomes eligible for Medicare. 
Search results for

'Medical Savings Account (MSA)'

  • Health-y Savings Accounts

    http://www.investopedia.com/articles/pf/07/health_savings_accounts.asp
    ... or Archer MSA balance to a health savings account is also permitted, up to the
    contribution limits. This is obviously an advantage for those who have medical ...

  • Series 7 Study Guide - Retirement Accounts - Custodial Accounts ...

    http://www.investopedia.com/exam-guide/series-7/retirement/custodial-accounts.asp
    ... Medical Savings Accounts (MSAs): Archer Medical Savings Account: eligible individuals
    and employers ... Medicare Advantage MSA: operates much like a traditional MSA ...

  • 10 Sources Of Nontaxable Income

    http://www.investopedia.com/articles/tax/10/nontaxable-invome-sources.asp
    ... Employer-provided long-term care insurance and Archer MSA contributions
    (a type of medical savings account) are also not taxable. ...

  • Increase Your Tax Refund With Above-The-Line Deductions

    http://www.investopedia.com/articles/tax/11/above-the-line-deductions.asp
    ... (Learn more in 3 Retirement Account Rules To Know.); HSA, MSA Contributions All
    contributions to Health Savings Accounts and Archer Medical Savings Accounts are ...

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