Important Message
Important Message

HSA Basics content


What You Need to Know About Your Health Savings Account (HSA)

Understand Internal Revenue Service (IRS) guidelines and our mobile app offerings—plus, access HSA forms.

IRS Guidelines: How can you use your HSA funds?

For favorable tax treatment, the funds in your HSA must be used for qualified expenses, including:

  • Medical expenses, such as doctor visits, prescriptions, dental care or transportation to get medical care
  • Long-term care insurance
  • Healthcare coverage when unemployed
  • Certain continuation-of-benefit healthcare coverage
  • Certain health insurance after age 65

Note that HSA funds can no longer be used for over-the-counter medication, except in limited circumstances; check with your tax advisor for details.

For more information, see:


HSA forms available to you

Call 800-270-7719

 

Download Associated Bank Mobile today.