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 Funds are not taxed when withdrawn for qualified medical expenses.
*When it comes to accessing funds, an HSA is like a savings account. You only have access to the funds that have accumulated in your account. If your medical expenses are $5,000 and you have $2,000 in your account, you can use the $2,000 now.