Can You Use HSA to Pay for Contacts?

Many people who have Health Savings Accounts (HSAs) wonder if they can use their funds to pay for contacts. The short answer is yes, but it's important to understand the guidelines around using your HSA for this purpose.

Contacts are considered to be an eligible expense that can be paid for using your HSA funds. This falls under the category of vision care, which is a qualified medical expense according to the IRS.

When using your HSA to pay for contacts, keep in mind the following:

• Ensure that your contacts are prescribed by a qualified eye care professional.
• Save your receipt as documentation for the expense.
• Check the specific rules of your HSA provider to confirm that contacts are covered.

Using your HSA for contacts can be a convenient way to manage your vision care expenses while taking advantage of the tax benefits that come with an HSA.

Yes, you can absolutely use your Health Savings Account (HSA) to pay for contacts, which are classified under the vision care category of qualified medical expenses as per IRS guidelines.