Can I Use an HSA for My Spouse?

Yes, you can use a Health Savings Account (HSA) for coverage and medical expenses for your spouse as long as they are considered your tax dependent.

Here are some key points to keep in mind:

• Spouse as a tax dependent: To use your HSA for your spouse, they must qualify as your tax dependent according to IRS rules.
• Eligible expenses: You can use your HSA funds to pay for qualified medical expenses for your spouse, such as doctor visits, prescriptions, and other healthcare costs.
• Contribution limits: If you're contributing to an HSA for both yourself and your spouse, ensure you don’t exceed the annual contribution limits set by the IRS.
• Saving for future healthcare needs: Using an HSA for your spouse's medical expenses can help you save on taxes and build a fund for future healthcare needs.

Absolutely! Utilizing a Health Savings Account (HSA) for your spouse's medical costs is permitted, provided that they meet the IRS requirements to be classified as your tax dependent.