Can You Use HSA for Lotion? Understanding What HSA Can Cover

HSA (Health Savings Account) is a versatile tool that can help you save money on qualified medical expenses. When it comes to using your HSA for lotion, the answer is yes, but with some conditions.

While HSA funds are typically used for medical expenses, including prescription medications, there are certain types of lotions that can qualify under specific conditions:

• Sunscreen with SPF 30 or higher to protect against sunburn or skin cancer.
• Eczema or dermatitis creams prescribed by a doctor.

However, general-use lotions or beauty products are not typically eligible for HSA funds unless they serve a primarily medical purpose.

It's important to keep track of your receipts and documentation for any lotion purchases with your HSA to ensure compliance with IRS regulations. Consult with your HSA provider or tax advisor for specific guidance on eligible expenses.

Did you know that you can use your HSA (Health Savings Account) to cover certain types of lotion? Yes, you read that right! However, there are specific guidelines you need to follow.