HSA Guide
Can I Use My HSA to Pay Expenses from Last Year?
Published September 24, 2022
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Get the appShort answer: Yes, you can use your HSA to pay for medical expenses incurred in the previous year, but you must track when the expense occurred and have proper documentation.
Using HSA for prior-year medical expenses
Many people wonder if they can use their HSA (Health Savings Account) to pay for expenses from the previous year, and the answer is not always straightforward. An HSA is a valuable tool for saving for future medical expenses, but there are rules and limitations to consider when it comes to using HSA funds...
Yes, you can use your HSA (Health Savings Account) to pay for medical expenses incurred in the previous year, but there are crucial factors to consider to ensure eligibility. It's essential to keep track of when the expense occurred and to have the proper documentation ready.