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Posts Tagged ‘Medical expenses’

Can I use my HSA for my children’s medical expenses even though they will not be in my medical plan?


Posted on November 11th, 2008 by WPJ

Yes – the majority of HSA restrictions center around contributions to the HSA with fewer  restrictions on the withdrawals. In answer to the  question above, money in an HSA can ALWAYS be withdrawn tax-free for the medical expenses of the account holder (also known as the account beneficiary in the IRS regs), the account holder’s [...]

Eligible Medical Expenses


Posted on January 24th, 2008 by WPJ

Partial List of Qualifying Health Care Expenses
The following list, while not intended to be all inclusive, illustrates medical or medical-related expenses which may be reimbursed tax-exempt under a Health Savings Account.  IRS publications 502 and 969 provide similar information. Section 213(d) of the Tax Code contains the full provisions of the applicable tax deductions.
 
Abortion if [...]