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MISCONCEPTIONS

IMPORTANT DOCUMENTS

SOURCE OF SAVINGS
PROGRAMS TO SUPPLEMENT INCOME

MEDICAL SAVING ACCOUNT
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INSURANCE

LOAN OPTIONS

CONCLUSION

MEDICAL SAVING ACCOUNT

  Medical savings accounts are one approach to paying for extended medical costs. A medical savings account is similar to the IRA we discussed earlier, and is used to pay for eligible medical expenses. It can only be established in connection with a qualified high deductible health plan, which provides protection against the potentially catastrophic expenses of serious illness or injury.

Contact:

Information about Medical Savings Accounts can be obtained from:

  • your employer
  • insurance companies
  • banks and other organizations approved to open IRA's

  If you have questions about the validity of an organization to legitimately open IRA's contact the IRS (Internal Revenue Service), listed in the phone book under United States Government.

 

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Uatpat.org - The Utah Assistive Technology Program is designed to help you know what assistive technology is available, how to get funding for assistive technology, and to provide you with links and resources.