Can You Buy Motrin with HSA Account? Exploring HSA Eligible Expenses

Having a Health Savings Account (HSA) can provide you with a tax-advantaged way to save for qualified medical expenses. One commonly asked question is whether you can use your HSA to purchase over-the-counter medications like Motrin. Let's delve into the details of using your HSA for purchasing Motrin.

Since the passage of the CARES Act in March 2020, HSA account holders can now use their funds to buy over-the-counter medications without a prescription. This includes popular pain relievers like Motrin, Advil, and Tylenol.

Here are some key points to consider when using your HSA to buy Motrin:

• Ensure that you keep a receipt of your Motrin purchase for HSA documentation.
• Check the dosage and instructions, as only eligible medical expenses are covered by your HSA.
• Most pharmacies and retailers accept HSA cards for purchasing over-the-counter medications.

It's important to note that not all over-the-counter medications are HSA eligible, so it's wise to check the IRS guidelines or consult with your HSA provider before making a purchase.

When it comes to managing your health expenses, a Health Savings Account (HSA) is a fantastic option that can help you save on taxes while covering qualified medical costs. A common question among HSA holders is whether they can purchase over-the-counter medications like Motrin using HSA funds. The good news is that, with the changes implemented by the CARES Act in March 2020, you can directly use your HSA to buy over-the-counter medications, including pain relief products such as Motrin.