Can One Buy Alcohol, Peroxide, and Epsom Salt on a HSA Debit Card?

Health Savings Accounts (HSAs) are a great tool for managing your healthcare expenses, but there are some limitations on what you can purchase with the funds in your HSA. One common question that people have is whether they can buy alcohol, peroxide, and Epsom salt on a HSA debit card.

Let's break down each item:

• Alcohol: Unfortunately, you cannot purchase alcohol with your HSA funds. Alcohol is considered a non-qualified medical expense under IRS regulations.
• Peroxide: Hydrogen peroxide, which is commonly used as an antiseptic, is an eligible expense that can be purchased with your HSA debit card.
• Epsom Salt: Epsom salt, often used for muscle aches and relaxation, is also an eligible expense that can be paid for with your HSA funds.

It's essential to remember that when using your HSA debit card, it's crucial to only use it for qualified medical expenses to avoid any tax implications or penalties. Always check with your HSA provider or refer to the IRS guidelines if you have any doubts about what items are eligible for purchase.

Health Savings Accounts (HSAs) provide a fantastic way to save money for healthcare needs; however, it's vital to know what purchases are allowed. When it comes to the question of whether you can use your HSA debit card for items like alcohol, peroxide, and Epsom salt, the answer varies.

Alcohol: Regrettably, purchasing alcohol is not permissible with HSA funds as it falls under non-qualified expenses in the IRS guidelines. It's essential to be mindful of these limitations to maximize your HSA benefits.

Peroxide: If you’re looking to buy hydrogen peroxide for its antiseptic properties, you're in luck! This is a qualified expense and can indeed be paid for using your HSA debit card, making it a useful item for your home care routine.

Epsom Salt: Epsom salt is celebrated for its ability to ease muscle tension and promote relaxation, and happily, it’s also considered a qualified HSA expense, allowing you to indulge in some self-care without financial worry.