What Can You Use Your HSA Funds For?

Health Savings Accounts (HSAs) are a powerful tool that can help you save money for medical expenses while enjoying tax advantages. One common question among HSA users is about what they can use their HSA funds for. Here's a comprehensive guide to what expenses are eligible for payment using your HSA funds:

Key Expenses You Can Use Your HSA Funds For:

• Medical appointments and services
• Prescription medications
• Dental treatments
• Vision care and eyeglasses
• Medical supplies
• Mental health services
• Physical therapy
• Expenses related to chronic conditions

These are just a few examples of the many eligible expenses that you can cover using your HSA funds. It's important to note that IRS regulations dictate what expenses qualify for HSA funds, so it's always a good idea to confirm eligibility before making a purchase.

Health Savings Accounts (HSAs) not only allow you to set aside money for medical expenses but also offer you incredible tax benefits. Alongside medical appointments and services, your HSA funds can be utilized for a range of expenses that promote your overall health. Here is a breakdown of eligible expenses that can help you make the most of your HSA!