Merritt Personal Lines Manual: What are the benefits of an Archer MSA?
You may enjoy several benefits from having an Archer MSA.
- You can claim a tax deduction for contributions you make even if you do not itemize your deductions on Form 1040.
- The interest or other earnings on the assets in your Archer MSA are tax free.
- Distributions may be tax free if you pay qualified medical expenses. See Qualified medical expenses, later.
- The contributions remain in your Archer MSA from year to year until you use them.
- An Archer MSA is "portable" so it stays with you if you change employers or leave the work force.
©2009 Health Insurance Online. All rights reserved.




