Can You Use Your HSA to Buy Glasses? What Expenses Are Covered?

Learn if you can use your Health Savings Account (HSA) to pay for glasses, contacts, and eye exams. Understand qualified medical expenses covered by HSA.

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Video transcript

Yes, you can use your HSA to pay for glasses. HSA funds can be used for qualified medical expenses, including prescription eyeglasses, contact lenses, and eye exams. Ensure you keep receipts and documentation for your records.

Questions and answers

  1. Can I use my HSA to pay for contact lenses?

    Yes, HSA funds can be used to pay for prescription contact lenses as they are considered qualified medical expenses.

  2. Are eye exams covered by Health Savings Accounts?

    Yes, costs for prescription eye exams are eligible expenses that can be paid using your HSA.

  3. Do I need to keep receipts when using HSA funds for glasses?

    Yes, it is important to keep receipts and documentation for all HSA-related purchases in case of IRS audits.

  4. What other vision-related expenses can I pay using my HSA?

    In addition to glasses and contact lenses, you can use HSA funds for prescription sunglasses and vision correction surgeries if qualified.