What Can I Use My HSA Account For? A Complete Guide to HSA Expenses

Health Savings Accounts (HSAs) are a valuable tool for saving money on healthcare expenses. But what exactly can you use your HSA account for?

Here is a breakdown of some of the expenses that you can use your HSA funds for:

• Doctor's visits
• Prescription medications
• Dental care
• Eye exams and vision care
• Medical procedures and surgeries
• Mental health services
• Physical therapy
• Chiropractic care
• Health insurance premiums (in certain cases)

Keep in mind that you can only use your HSA funds for qualified medical expenses. Using your HSA for non-qualified expenses may result in penalties and taxes.

It's important to save your receipts and documentation for all HSA expenses to ensure compliance with IRS regulations.

Health Savings Accounts (HSAs) offer an incredible opportunity to save money while managing your healthcare costs effectively. Along with regular doctor's visits, you can utilize your HSA funds for various crucial expenses that promote your overall well-being.