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HSA Common Questions

 

"Can I pay my health insurance premiums from my HSA?".

Unfortunately, no – except, there are a few of exceptions:

1) Qualified long-term care insurance; or

2) Health insurance while you are receiving federal or state unemployment compensation; or

3) Continuation of coverage plans, like COBRA, required under any federal law; or

4) Health insurance after you turn 65, but not Medicare supplement insurance

If any of the above categories apply to you, that is one more reason you could benefit from setting up an HSA.

 

What are Health Savings Accounts (HSA's)?

How do I set up an HSA?

What are qualified medical expenses?

"Can I pay my health insurance premiums from my HSA?"

Can I withdraw money from my HSA for non-medical purposes?

How do employer sponsored HSA medical plans affect employees that are 65 and older?

2 questions asked by a Facebook fan

Is there a time limit?

 

 

 

by:  rodli web strategies