Does the IRS Allow Use of HSA for Hearing Aids?

Yes, the IRS does allow the use of Health Savings Accounts (HSAs) for hearing aids. HSAs are tax-advantaged savings accounts that can be used for qualified medical expenses, including the purchase of hearing aids.

Here are some key points to note about using an HSA for hearing aids:

• Hearing aids are considered a qualified medical expense by the IRS.
• HSAs provide a tax-advantaged way to save and pay for medical expenses, including hearing aids.
• Using an HSA for hearing aids can help individuals save money on their purchase.

Absolutely! The IRS does indeed permit the use of Health Savings Accounts (HSAs) to cover the cost of hearing aids. This means that HSAs can be a smart way to save for these necessary medical expenses.