Can I pay out-of-pocket covered expenses with after-tax dollars instead of using my HSA funds?
• Yes. You always have the option to choose when and when not to use your HSA dollars. You may pay for qualified medical expenses with after-tax dollars, allowing your HSA balance to grow tax-free. Many HSA participants elect to pay smaller expenses with after-tax dollars, allowing their balances to grow for the future.
Related Questions
- If the employee’s family is not covered under the employees’ qualified HDHP, can the employee still use his or her HSA funds to pay their qualified expenses?
- Can an individuals HSA funds be used to pay medical expenses for a spouse or dependent who is not covered by a high deductible health plan?
- Can I pay out-of-pocket covered expenses with after-tax dollars instead of using my HSA funds?
