Will The Distribution From My HSA Be Tax Free?

An HSA account is one of the most tax-efficient savings accounts available to investors.  While many of the distribution rules are straightforward, there are several exceptions that should be considered before a client takes a distribution from their HSA.

 

  • What’s a Qualified Medical Expense
  • Eligibility of LTC insurance premiums
  • Eligibility of health insurance premiums
  • Impact if the distribution occurs before/after turning age 65
  • Use of HSA funds to pay for medical expenses of family members
  • Timing of expense considerations