Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

I no longer participate in a qualified HDHP. Can I still receive tax-free distributions to reimburse my or my familys qualified expenses?

0
Posted

I no longer participate in a qualified HDHP. Can I still receive tax-free distributions to reimburse my or my familys qualified expenses?

0

• Yes. Participation in a qualified HDHP is not required to receive distributions. In order to maintain the tax-free status of the distribution, funds must be used for qualified medical expenses.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.