Can I Reimburse Myself from HSA from Previous Year?

Yes, you can reimburse yourself from your HSA for qualified medical expenses incurred in previous years. Health Savings Accounts (HSAs) offer flexibility in using funds to cover healthcare costs. If you paid for eligible expenses out of pocket in a prior year while the HSA was established, you can reimburse yourself from the HSA at a later time.

It's important to keep detailed records and receipts of all medical expenses you wish to reimburse yourself for. This documentation is crucial for tax purposes and to ensure you are using HSA funds appropriately.

Absolutely! If you've incurred qualified medical expenses in previous years, your Health Savings Account (HSA) can be your safety net. You can easily reimburse yourself from your HSA for those expenses, giving you the financial flexibility you need to manage your healthcare costs from past years.