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Is HSA same as 401K?

Though they are different entities both invest in bank deposits, mutual funds, earn dividends, earn interest and the earnings grow tax free. HSA can be utilized to pay medical bills as well as one can utilize the amount in HSA to pay insurance premium while the person happens to be out of the job. Some 401k plans allow loans of about 50% of the amount vested with a maximum limit of $50000. However, 401k loans come with some restrictions
In case of HSA though this operates as an investment account whose earnings grow tax free it may not be possible to go for a loan against HSA. All we can do is use it for acceptable medical reimbursement.