What Dental and Vision Expenses Can I Use HSA? - A Comprehensive Guide

Health Savings Account (HSA) is a powerful financial tool that allows individuals to save for medical expenses tax-free. When it comes to dental and vision expenses, HSAs can be a great resource to help cover those costs. Here's what you need to know about using your HSA for dental and vision expenses:

Dental Expenses:

Many common dental services and treatments are considered eligible expenses that can be paid for using HSA funds. Some of the dental expenses that you can use your HSA for include:

• Routine dental check-ups and cleanings
• X-rays
• Fillings and root canals
• Braces and orthodontia
• Dental surgery

Vision Expenses:

Similarly, vision care expenses are also eligible for HSA funds. Here are some vision expenses that you can use your HSA to pay for:

• Eye exams
• Prescription eyeglasses and contact lenses
• Prescription sunglasses
• Corrective eye surgery, such as LASIK
• Eye drops and medications

It's important to note that cosmetic procedures, like teeth whitening or vision correction for cosmetic reasons, are generally not eligible expenses under an HSA.

Other HSA Tips:

• HSAs offer a triple tax advantage: contributions are tax-deductible, earnings grow tax-free, and withdrawals for qualified medical expenses are tax-free.
• You can use your HSA to pay for eligible expenses for yourself, your spouse, and your dependents, even if they are not covered by your high-deductible health plan.
• Keep all receipts and documentation of your dental and vision expenses in case you need to provide proof later on.

Your Health Savings Account (HSA) is not just a safety net for your immediate medical needs; it can also act as a financial lifeline for your dental and vision care. Did you know that many people overlook eligible expenses for these two essential health areas?