How Do I Manage My HSA?

Answer

Your health savings account (HSA) is your account; the HSA dollars are your dollars. Since you are the account holder or HSA owner, you manage your HSA account. You may choose when to use your HSA dollars or when not to use your HSA dollars. HSA dollars can pay for qualified medical expenses on a tax-free basis. Most commonly, HSA owners use HSA dollars to pay the out-of-pocket expenses associated with their high deductible health plan (HDHP), such as the deductible or any coinsurance.