Can I Use 2019 HSA for 2018 Expenses? - Exploring HSA Rules and Options

Many people wonder if they can use their 2019 Health Savings Account (HSA) to cover expenses from the previous year, such as 2018. Let's dive into the rules and options surrounding this question to provide clarity on this matter.

HSAs are designed to help you save money for current and future medical expenses. Here are some key points to consider:

• Contributions to your HSA are typically made with pre-tax dollars, reducing your taxable income.
• Unused funds in your HSA roll over from year to year, unlike Flexible Spending Accounts (FSAs) that have a
  

  Many individuals often ask if it's possible to use funds from their 2019 Health Savings Account (HSA) to pay for medical expenses incurred in 2018. Navigating these rules can be confusing, so let’s clarify how HSAs operate and what flexibility you have.