Can i use a 2014 hsa account to pay for a 2013 medical bill?

Answer this question

  • Can i use a 2014 hsa account to pay for a 2013 medical bill?


Answer #1 | 22/12 2013 11:05
No. You can only use your HSA to pay FUTURE bills, not past bills.
Positive: 73 %
Answer #2 | 22/12 2013 11:23
Positive: 67 %
Answer #3 | 22/12 2013 11:44
You cannot use an HSA to pay for any medical expense from before your first contribution to your first HSA. This is clearly stated. Because the phrasing of the rule refers to your first contribution to an HSA, and does not explicitly say whether it means the HSA that you are using or any HSA, there is some question as to whether a person with more than one HSA could use their second one to pay for something from after the first one was started and before the second one was started. In any case, the rule is that you can't use it to pay for anything from before you had an HSA.
Positive: 47 %
Answer #4 | 22/12 2013 13:08
In order to use HSA money to pay an expense, the expense has to have been incurred AFTER you open the HSA. Since you won't be on an HSA plan until 2014 and the expense is in 2013, the answer is no.
Positive: 15 %
Answer #5 | 22/12 2013 17:08
No. You can only use it for expenses after the HSA has been opened.
Positive: 10 %

Possible answer

Frequently Asked Questions Relating to ... funded with tax deductible dollars that can be used to pay for qualified medical ... If you have an HSA and use ...
Read more
Positive: 73 %
Health Savings Account; Medical ... You can use your HSA to pay for some ... with an employer contribution to your HSA, you’re in good company. In 2014, ...
Read more
Positive: 68 %
Learn how you can use your health savings account to pay for medical ... How can I use my HSA? ... in your HSA. You can use it to pay for ...
Read more
Positive: 54 %
What is a Health Savings Account (HSA)? ... you can use to pay for qualified medical ... use the HSA website to make an online bill payment ...
Read more
Positive: 31 %

Show more results