Can I Fund My HSA for Out of Pocket Expenses I Made in 2018?

Yes, you can fund your Health Savings Account (HSA) for the out-of-pocket expenses you made in 2018. If you had eligible medical expenses during the year that were not covered by your insurance, using funds from your HSA to cover them is a great way to take advantage of the tax benefits offered by this account.

It's important to note that you can reimburse yourself from your HSA for qualified medical expenses that you incurred after your HSA was established, even if they occurred in a prior year. This means that if you paid for eligible medical expenses out of pocket in 2018, you can reimburse yourself from your HSA as long as the expenses were incurred after your HSA was opened.

Reimbursing yourself for past expenses from your HSA is a convenient way to utilize the funds saved in your account. Just make sure to keep good records of all your medical expenses and receipts to support your reimbursements.

Absolutely! You can fund your Health Savings Account (HSA) for the out-of-pocket expenses you incurred in 2018. Leveraging your HSA to cover those expenses not only helps you manage costs but also allows you to benefit from tax advantages associated with HSA contributions.