Question 1

What happens if I don’t use the money in the HSA for medical expenses?

admin · Accepted Answer

If the money is used for purchases other than for qualified medical expenses, the expenditure will be taxed and, for individuals who are not disabled or over age 65, subject to an additional penalty.

Question 2

What happens if I don’t use the money in the HSA for medical expenses?

admin · Accepted Answer

If the money is used for purchases other than for qualified medical expenses, the expenditure will be taxed and, for individuals who are not disabled or over age 65, subject to an additional penalty.