Medical Savings Account (MSA) - Divorce Encyclopedia

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Term Definition Medical Savings Account (MSA) - a special tax-free account to pay for medical costs incurred under special low-cost, high-deductible medical insurance policies.

Application in Divorce A MSA is an alternative to employer-paid medical insurance generally most suited to wealthier taxpayers.

Among people who pay their own medical care, MSAs and high-deductible medical insurance for some people.