What Can I Use a HSA On? A Comprehensive Guide to HSA Eligible Expenses

Health Savings Accounts (HSAs) offer a tax-advantaged way to save and pay for qualified medical expenses. If you are wondering what expenses are considered eligible for HSA funds, we've got you covered. Here is a breakdown of what you can use your HSA on:

• Doctor's visits and medical services
• Prescription medications
• Dental care, including cleanings, fillings, and braces
• Eye care, such as exams, glasses, and contact lenses
• Mental health services and therapy
• Medical equipment like crutches, wheelchairs, and blood pressure monitors
• Laboratory fees for medical tests
• Chiropractic care

These are just a few examples of the many healthcare expenses that are HSA-eligible. It's important to keep receipts and records of your expenses to ensure they qualify for reimbursement from your HSA.

Health Savings Accounts (HSAs) are a powerful tool that facilitate not just medical expense savings, but also offer impressive tax benefits. If you're wondering what you can use HSA funds for, you're in the right place!

In addition to the essentials such as doctor's visits and prescriptions, your HSA can cover a variety of services that may surprise you. Here's an in-depth look:

• Doctor's visits
• Prescriptions
• Dental care, including routine cleanings and major treatments
• Eye care, such as glasses, contact lenses, and corrective surgeries like LASIK
• Medical equipment like crutches, bandages, and blood sugar monitors
• Mental health services, including therapy sessions and counseling
• Chiropractic care for musculoskeletal issues
• Hearing aids and exams
• Alternative treatments, such as acupuncture
• Preventive care, including vaccinations and screenings
• Some over-the-counter medications with a prescription
• Certain long-term care premiums

Keep in mind, it's crucial to check that your expenses align with IRS guidelines to ensure you're maximizing your HSA benefits.