HSA Guide
Can I Use HSA on Contacts?
Published August 20, 2022
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Get the appShort answer: Yes—HSA funds can be used to purchase contact lenses, which are considered qualified medical expenses under IRS guidelines.
Can HSA funds cover contact lenses?
Yes, you can use your HSA (Health Savings Account) to purchase contacts. HSA funds can be used for a variety of medical expenses, including vision care. Contact lenses are considered a qualified medical expense under the IRS guidelines, making them eligible for HSA spending.
Absolutely! Your HSA can be used to purchase contact lenses, as they fall under qualified medical expenses according to IRS guidelines. Using these tax-advantaged funds can help ease the burden of vision care costs.
Tips for using HSA for contacts
Here are some details to keep in mind when using your HSA for contacts:
- Check your HSA balance to ensure you have enough funds to cover the cost of the contacts.
- Save your receipts for the contact lens purchase for record-keeping purposes.
- Verify that the contacts are prescribed by a qualified eye care professional to qualify for HSA reimbursement.