What kind of purchases can I use my HSA money with?

Health Savings Accounts (HSAs) are a great way to save money for medical expenses while enjoying tax benefits. But what kind of purchases can you actually use your HSA money for?

With an HSA, you can typically use the funds to pay for a wide range of healthcare expenses for yourself, your spouse, and your dependents. Here are some common purchases you can make using your HSA money:

• Prescription medications
• Doctor's visits and consultations
• Dental care, including cleanings, braces, and fillings
• Eye care, such as exams, glasses, and contact lenses
• Medical equipment like crutches, wheelchairs, and blood pressure monitors
• Mental health services, including therapy sessions
• Chiropractic care and acupuncture

It's essential to keep in mind that not all healthcare expenses are eligible for HSA reimbursement. To avoid any surprises, make sure to check the IRS guidelines or consult with your HSA provider before making a purchase.

Using your HSA money wisely can help you stay on top of your health and save money in the long run. Take advantage of this valuable resource to manage your medical expenses effectively!

Did you know that Health Savings Accounts (HSAs) can help you save for a wide variety of healthcare expenses? Using your HSA money wisely means you can cover costs related to healthcare not just for yourself but also for your spouse and dependents.

Commonly eligible expenses include prescription medications, dental treatments like cleanings and braces, eye care such as glass frames and contact lenses, as well as medical equipment like crutches and thermometers.

HSA funds can also cover mental health services, including therapy sessions and support groups, chiropractic care, and even acupuncture, helping you to achieve a holistic approach to your health.

Just remember, it's crucial to check the IRS guidelines and consult your HSA provider to ensure your purchases are eligible, so you don’t face any unexpected expenses!