Who Can You Use Your HSA Card For? | Understanding HSA Spending

When it comes to health savings accounts (HSAs), one of the common queries individuals have is regarding the usage of their HSA cards. HSA cards, similar to debit cards, can be used for various medical expenses.

Here's a breakdown of who you can use your HSA card for:

• Individual Account Holder: As the primary account holder, you can use your HSA card for eligible medical expenses for yourself.
• Spouse: You can also utilize your HSA card for your spouse's qualified medical costs.
• Dependents: HSA funds can be used to cover medical expenses of your dependents listed on your tax return.
• Children: If you have a child who is a dependent, you can use your HSA card for their medical needs.

Remember, it is crucial to ensure that the expenses you are using your HSA card for are considered qualified medical expenses as per IRS guidelines.

Your HSA card opens doors to smart spending on health-related costs. Apart from using your HSA for your own medical expenses, you can also support your spouse's health needs. If you have dependents, keep in mind that your HSA funds can be utilized for their qualified medical expenses too, ensuring everyone in your family stays healthy without breaking the bank.