In geographical terms the Caribbean area includes the Caribbean Sea and all of the islands located to the southeast of the Gulf of Mexico, east of Central America and Mexico, and to the north of South America.
An HSA is a special, tax-advantaged savings account you can use to pay for qualified medical expenses. You deposit money in your HSA, where it earns interest tax-free. Funds are not taxed when withdrawn for qualified medical expenses.
Your increased annual take-home pay and HSA savings depend on your income tax bracket. If you are in a 30 percent tax bracket, you can save $30 for every $100 that you put into your HSA. Put $1,000 in your account, and you increase your annual take-home pay by $300*.ou can use your HSA dollars to pay for hundreds of eligible expenses. 1  Medical expenses: co-pays, co-insurance, and deductibles. 2  Dental expenses: exams, cleanings, X-rays, and braces. 3  Vision expenses: exams, contact lenses and supplies, eyeglasses, and laser eye surgery.