Can my HSA funds be used for expenses from a previous year?
Yes. Distributions can be used for a prior year as long as the expenses were incurred on or after the date your HSA was established. There is no time limit on when the withdrawal must occur. You must keep records to prove the expenses were incurred and that they were neither paid for or reimbursed by another source, nor itemized as a deduction.
Related Questions
- 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?
- Of the funds raised in any particular year, how much will be used to cover administration and other expenses?
- Can my HSA funds be used for expenses from a previous year?
