Who may contribute to an HSA fund?
A. The employer, the employee, or both may make contributions to an HSA. Back to top of page Q. What are qualified medical expenses? A. Qualified medical expenses are expenses paid for medical care as defined by section 213(d) of the Internal Revenue Code. Qualified medical expenses include, but are not limited to, deductibles, copayments and medications. Consult IRS Publication 502, Medical and Dental Expenses, for a complete list of eligible expenses Click here to learn more. Back to top of page Q. Where can I find out about IRS-approved medical expenses? A. Information is available on the Internal Revenue Service Web site, www.irs.gov. Back to top of page Q. What if an employee uses the money for nonqualified expenses? A. If funds are used for anything other than qualified medical expenses, the amount will be included in your gross income when you file your taxes. Prior to age 65, nonqualified withdrawals are subject to a 10-percent tax penalty. Back to top of page Q. How does an em
