Can you write checks from an HSA?

Yes, you can write checks from an HSA (health savings account) to pay for qualified medical expenses. An HSA is a tax-advantaged savings account that is used in conjunction with a high-deductible health plan (HDHP). It allows individuals to save money for medical expenses on a pre-tax basis.

When it comes to using funds from your HSA, writing a check is one of the convenient options available to you. Here's how it works:

• Ensure that the expense is a qualified medical expense as outlined by the IRS. This can include a wide range of medical services, treatments, and products.
• Write a check from your HSA account to pay for the qualified medical expense.
• Keep records of the transaction and the receipt for the medical expense for your records and potential tax purposes.
• It's important to note that using funds from your HSA for non-qualified expenses may incur taxes and penalties.

Writing checks from your HSA provides flexibility and ease in managing your healthcare expenses. It allows you to conveniently pay for medical costs directly from your HSA account without relying on other payment methods.

Absolutely! Writing checks from your HSA (health savings account) is a straightforward way to cover qualified medical expenses. By using checks, you can seamlessly manage your healthcare costs while taking advantage of the tax benefits provided by your HSA.