What Can I Spend My HSA Dollars On? - A Comprehensive Guide

Health Savings Accounts (HSAs) are a valuable tool for saving money on healthcare expenses, but what can you actually spend your HSA dollars on?

Here are some common eligible expenses that you can use your HSA funds for:

• Doctor's visits
• Prescriptions
• Dental care
• Vision care (glasses, contacts, eye exams)
• Over-the-counter medications
• Medical equipment (crutches, blood pressure monitors)
• Mental health services
• Chiropractic care

It's important to note that not all medical expenses are eligible for HSA spending. Here are a few items that are typically not covered:

• Cosmetic procedures
• Health club memberships
• Skin care products
• Non-prescription supplements
• Insurance premiums

HSAs offer the flexibility to save for future medical expenses while enjoying tax benefits. If you're unsure about a specific expense, it's always a good idea to check with your HSA provider for clarification.

Health Savings Accounts (HSAs) are a fantastic way to prepare for unexpected medical costs. Beyond common expenses like doctor's visits and prescriptions, did you know you can also use your HSA for acupuncture or even certain holistic treatments?