What Can You Spend Your HSA on in Indiana?

Health Savings Accounts (HSAs) are a great way to save money for healthcare expenses while enjoying tax benefits. If you're in Indiana, you might be wondering what you can spend your HSA funds on. Here are some common eligible expenses:

• Doctor's visits
• Prescription medications
• Medical procedures
• Dental care
• Eye exams and eyeglasses
• Chiropractic care
• Acupuncture
• Physical therapy

It's important to note that not all expenses are eligible for HSA spending. To ensure compliance with IRS regulations, make sure your expenses fall under qualified medical expenses.

Health Savings Accounts (HSAs) are a fantastic tool for individuals in Indiana to efficiently save for unexpected healthcare needs, all while reaping tax advantages. Aside from the common eligible expenses like doctor's visits and prescription medications, your HSA funds can also cover services such as dental care, vision care including eye exams and eyeglasses, and even alternative therapies like acupuncture and chiropractic care.