What to Do with Money in a Health Savings Account (HSA)?

If you have money in your Health Savings Account (HSA), there are several ways to make the most of it:

• Use it for qualified medical expenses
• Save it for future healthcare needs
• Invest it for potential growth
• Use it for non-medical expenses (note: you may incur taxes)
• Keep it for retirement healthcare costs

Remember, the purpose of an HSA is to help you save and pay for medical expenses, both now and in the future. By using your HSA strategically, you can maximize its benefits and secure your financial health.

Your Health Savings Account (HSA) is a powerful tool designed to help you navigate healthcare expenses. Consider utilizing your HSA funds for essential qualified medical expenses, such as copayments, prescription medications, or even dental and vision care.