Can You Reimburse Yourself from Your HSA?

One common question that many HSA account holders ask is, 'Can you reimburse yourself from your HSA?' The answer is yes! Reimbursing yourself from your HSA is a convenient and useful feature of these accounts that many people may not be fully aware of.

When you incur eligible medical expenses that are not covered by your insurance, you can pay for them out of pocket and then reimburse yourself from your HSA. This can be done at any time, as long as the expenses were incurred after you opened your HSA account.

Reimbursing yourself from your HSA is a straightforward process. You simply need to keep track of your medical expenses and payments, and then submit a reimbursement request through your HSA provider. Once the request is approved, the funds will be transferred to your bank account for you to use as needed.

Did you know that you can reimburse yourself from your HSA for eligible medical expenses? This feature allows you to take control of your healthcare costs. If you've incurred medical expenses that your insurance doesn’t cover, feel free to pay for them upfront and simply reimburse yourself from your HSA later!