Can Someone Else Use My HSA Card? - Understanding the Basics of Sharing Your HSA

Health Savings Accounts (HSAs) are a valuable tool for managing healthcare expenses, but many people have questions about how they can be used and shared. One common question is, 'Can someone else use my HSA card?' The answer to this question depends on the relationship between the account holder and the individual using the card.

Here are some key points to consider:

• If you have an HSA in your name, you are the primary account holder, and you are responsible for ensuring that all expenses charged to the account are qualified medical expenses.
• Spouses: If your spouse is also covered under your HSA-qualified health plan, they can use the HSA card for their qualified medical expenses.
• Dependents: If you have dependents covered under your HSA-qualified health plan, you can use the HSA card for their qualified medical expenses.
• Non-covered individuals: For individuals who are not covered under your HSA-qualified health plan, they should not use your HSA card unless they are using it to pay for qualified medical expenses for you, your spouse, or dependents.

It is important to keep detailed records of all expenses charged to your HSA, including receipts and explanations of how each expense is a qualified medical expense. This documentation will be crucial in the event of an audit by the IRS.

HSAs can be utilized effectively for both you and your loved ones, but it's essential to understand the rules surrounding your HSA card usage.