Archer MSA

Business, Legal & Accounting Glossary

Definition: Archer MSA


Archer MSA


Full Definition of Archer MSA


A medical savings account that earns interest that is tax-deductible. An Archer MSA, named for the congressman who sponsored the act creating this type of account, may be used only for medical expenses. Penalties and back-taxes may be assessed in the event of Archer MSA funds being used for non-medical purposes.


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Archer MSA. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 29, 2021 https://payrollheaven.com/define/archer-msa/.
Chicago Manual of Style (CMS):
Archer MSA. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/archer-msa/ (accessed: November 29, 2021).
American Psychological Association (APA):
Archer MSA. PayrollHeaven.com. Retrieved November 29, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/archer-msa/

Definition Sources


Definitions for Archer MSA are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 13th November, 2021 | 0 Views.