How can I use my HSA funds?
An example of an AI chatbot conversation about using HSA funds for medical expenses.
How can I use my HSA funds?
You can use your HSA funds to pay for qualified medical expenses like doctor visits, prescriptions, and dental care.
What qualifies as a medical expense?
Qualified medical expenses include costs for diagnosis, treatment, and prevention of medical conditions, as well as certain over-the-counter medications.
Can I use HSA funds for non-medical expenses?
Yes, but if you use HSA funds for non-medical expenses before age 65, you'll incur a penalty and taxes.
Are there any limits on how much I can contribute to my HSA?
Yes, there are annual contribution limits set by the IRS, which can vary based on your age and whether you have family coverage.
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