acm_acm

HRAs, HSAs and FSAs can generally be used to reimburse the participant's eligible expenses and those of the participant's eligible dependents (spouse and/or children). As long as the document you use to establish the RO HSA is worded correctly, you should be fine.

I thought that any borrowing by a qualified plan (other than an ESOP) was not allowed. I worked on a small DB plan where the owners held the money in a brokerage account and bought shares using margin. That was a no no and generated some kind of excise tax penalty. I can't cite the chapter and verse right now, though.