It’s easy to determine if you are qualified for a Health Savings Account (HSA).

You are qualified for an HSA if:

• You are covered by a single or family high-deductible health plan (HDHP).
• You are not covered by any other health plan that provides any of the same benefits as the HDHP.
• You are not enrolled in Medicare.
• You cannot be claimed as a dependent on another person’s tax return.

To enroll in an HSA, you must have a primary U.S. residence as well as a valid Social Security Number.