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Posts Tagged ‘tax dependents’

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 In answer to the  question above, money in an HSA can ALWAYS be withdrawn tax-free for the medical expenses of the account holder (also known as the account beneficiary in the IRS regs), the account holder’s [...]