Can I Buy Cold Medicine with HSA Card Over the Counter?

If you're wondering whether you can use your HSA card to purchase cold medicine over the counter, the answer is yes! Health Savings Accounts (HSAs) offer a range of benefits, including the ability to use your HSA funds for eligible medical expenses like over-the-counter medications.

When it comes to buying cold medicine with your HSA card, there are a few things to keep in mind:

• Make sure the cold medicine is for the treatment of a medical condition
• Check that the cold medicine is an eligible expense according to IRS guidelines
• Save your receipts in case you need to provide documentation

Using your HSA card to buy cold medicine can be a convenient way to manage your healthcare expenses. It's important to use your HSA funds wisely and for eligible expenses to maximize the benefits of your account.

Yes, you can purchase over-the-counter cold medicine using your HSA card! Just remember that the medication must treat a specific medical condition, such as a cold or flu.