What Can You Use Your HSA Debit Card For?

Health Savings Accounts (HSAs) are a valuable tool for managing healthcare expenses while saving on taxes. One of the convenient features of an HSA is the HSA debit card, which allows you to access your HSA funds easily. But what can you actually use your HSA debit card for?

Here are some of the eligible expenses that you can pay for using your HSA debit card:

• Doctor visits and copayments
• Prescription medications
• Dental care, including cleanings, fillings, and braces
• Vision care, such as eye exams, glasses, and contact lenses
• Chiropractic services
• Physical therapy
• Mental health services
• Over-the-counter medications with a prescription
• Medical equipment like crutches, bandages, and blood pressure monitors

It's important to note that not all expenses are eligible for HSA funds. Non-qualified expenses, such as cosmetic procedures or gym memberships, cannot be paid for using your HSA debit card without incurring penalties.

Using your HSA debit card for qualified medical expenses is a smart way to save money while taking care of your health. Keep track of your expenses and make sure to only use your HSA funds for eligible healthcare costs.

Your HSA debit card can cover many necessary healthcare costs, making managing your medical expenses much easier and more affordable. Think of it as a handy way to pay directly for services that keep you and your family healthy.