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Posted

Good afternoon everyone. Forgive me in advance if this is simple question, but I don't know anything about HSAs except that it is a Health Savings Account. 

I have a HSA from an old job where I had a HDHP. I no longer have a HDHP. I have also since married and had a child.

My question is can I use some of the money from my HSA to pay the medical bills, that are in my wife's name, from having our baby last year? 

I seem to recall that this is permissible, but it has been a long time since I have looked into the matter and I have not been following any changes to HSA legislation to know if anything has changed (assuming my understanding was correct from the beginning). 

Are there any potential issues to look out for if I proceed as described?

Thanks in advance and let me know if you have any questions.

Thanks!! 

Posted

You are correct.  To be able to contribute to your HSA you must have a HDHP, but not so to use the funds.  See IRS 213(d) for explanation of eligible expenses.

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