How to Use Your Fidelity HSA Account for Medical Expenses and Investments
Learn how to use your Fidelity HSA account to pay qualified medical expenses and grow your savings tax-free with investment options.
Video transcript
To use your Fidelity HSA account, first use it to pay for qualified medical expenses by swiping your HSA debit card or reimbursing yourself for out-of-pocket expenses. Additionally, leverage the investment options in your Fidelity HSA to grow your funds tax-free, helping your savings compound over time.
Questions and answers
What expenses can I pay with my Fidelity HSA account?
You can use your Fidelity HSA account to pay for qualified medical expenses such as doctor visits, prescriptions, and medical equipment.
How do I reimburse myself for out-of-pocket medical expenses from my HSA?
You can reimburse yourself by submitting eligible expense documentation through your Fidelity HSA online account or app.
Can I invest my Fidelity HSA funds to grow savings?
Yes, Fidelity offers investment options within your HSA to help your funds grow tax-free over time.
How does using an HSA debit card work?
You can use your Fidelity HSA debit card to directly pay for qualified medical expenses at eligible providers and pharmacies.
Related questions
Continue exploring
For more insights on maximizing your Health Savings Account and investment strategies, check out our related videos on HSA tax benefits and smart healthcare spending tips.
0:32How to Use Your Fidelity HSA Card at an ATM: What You Need to Know
Learn if and how you can use your Fidelity HSA card at ATMs and explore best practices for accessing your HSA funds.
0:34How to Withdraw Money Using Your Fidelity HSA Debit Card
Learn how to easily withdraw money from your Fidelity HSA debit card at ATMs and for medical expenses with no hassle.
0:31Can You Use a Fidelity HSA Card at an ATM?
Learn if your Fidelity HSA debit card works at ATMs and the proper way to access cash from your HSA account.
0:24Can You Get Cash Back with a Fidelity HSA Debit Card?
Learn how to get cash back using your Fidelity HSA debit card during purchases at stores that offer debit cash back options.
0:35How Can I Access My HSA Funds? Simple Methods Explained
Learn easy ways to access your HSA funds, including debit card use and reimbursement through online portals or apps.
0:26How to Spend Your HSA Money: Eligible Expenses and Payment Methods Explained
Learn how to use your HSA funds for qualified medical expenses like doctor visits and prescriptions with debit card or reimbursement.