If you have a Health Savings Account (HSA), you might be wondering what you can buy with it. An HSA is a great way to save for medical expenses, but it can be confusing to know what is eligible for purchase. Here's a breakdown of what you can use your HSA funds for:
1. Medical Expenses:
2. Over-the-Counter Items:
3. Alternative Treatments:
4. Long-Term Care Services
Keep in mind that not all expenses are eligible, so it's important to check the IRS guidelines or consult with a financial advisor before making a purchase using your HSA funds.
If you have a Health Savings Account (HSA), you might be surprised at the variety of items you can purchase with it. HSA funds can not only cover routine medical expenses but also wellness products that support your health. Here's a detailed insight into what you can use your HSA funds for:
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