What Can I Spend My HSA On in 2017? - HSA Health Savings Account

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What HSA funds cover in 2017

If you have a Health Savings Account (HSA), you may be wondering what expenses qualify for payment using your HSA funds in 2017. An HSA is a tax-advantaged account that allows you to save money for medical expenses, but it's essential to understand what you can spend that money on to maximize its benefits.

If you're curious about how to allocate your funds from your Health Savings Account (HSA) in 2017, you’ll be pleased to know that there are several categories of qualified expenses that can help you save money while taking care of your health needs. Your HSA is more than just a savings account – it’s a powerful tool that allows you to access tax-free funds for a variety of medical expenses.

Common eligible medical expenses examples

Here are some common expenses that you can spend your HSA funds on in 2017:

• Doctor's visits
• Prescription medications
• Medical procedures
• Dental treatments
• Vision care (glasses, contacts, eye exams)
• Mental health counseling

Need receipts for qualified medical purposes

These are just a few examples, but there are many other eligible expenses that you can use your HSA funds for. It's crucial to keep all receipts and documentation to prove that your expenses were for qualified medical purposes.