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 Funds are not taxed when withdrawn for qualified medical expenses.
According to the IRS, you can use your HSA to pay for: 1  Eligible medical expenses, including most medical, dental and vision services and prescription drugs. 2  Health insurance premiums under COBRA continuation coverage. 3  Health insurance premiums if youâre getting unemployment compensation.