What can HSAs be used for?

Funds from an HSA may only be used for qualified medical expenses without incurring tax liability. The IRS provides examples of qualified expenses as: doctors’ visits, dental care or braces, eye exams, eye glasses, LASIK surgery, prescription medications, acupuncture, chiropractic, hearing aids and batteries, long-term care expenses and insurance premiums, smoking cessation, physical therapy, psychological counseling, psychiatric care, and nursing home care.

The use of your HSA is relegated by Section 213 (d) of the Internal Revenue Code and more information is offered in IRS Publication 502 titled, “Medical and Dental Expenses.”