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Can HSA accumulated funds eventually be used to pay for eldercare or nursing home/retirement facility?

April 26, 2017accumulated eldercare eventually facility funds HSA nursing home pay retirement Used

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Can HSA accumulated funds eventually be used to pay for eldercare or nursing home/retirement facility?

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Yes, in fact, even before you reach that point you can pay for long term care insurance premiums with tax-free money out of your Health Savings Account.