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Yes, you can borrow from your Health Savings Account (HSA) but you must pay it back within a certain time frame to avoid penalties.

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AnswerBot

6mo ago

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Stock on margin?

It's to borrow money from the bank and pay back later.


How can you pay yourself back from your HSA?

You can pay yourself back from your Health Savings Account (HSA) by keeping track of your medical expenses, saving your receipts, and withdrawing funds from your HSA to reimburse yourself for those expenses.


Can an HSA account pay for a vetenarian bill?

Can HSA pay for a vetenarian bill?


What is the penalty for not enrolling in Medicare when you have an HSA?

The penalty for not enrolling in Medicare when you have an HSA is that you may have to pay a higher premium for Medicare Part B and Part D when you do enroll later on.


Can you borrow from the same lender to repay a student loan?

i think you should not borrow the money because how are you going to pay back but if you have a plan to pay back go ahead and borrow


Do you have to pay taxes on HSA distributions?

Yes, you do not have to pay taxes on HSA distributions if they are used for qualified medical expenses.


How can I use my HSA to pay for medical expenses and then get reimbursed?

To use your Health Savings Account (HSA) to pay for medical expenses and get reimbursed, you can first pay for the expenses out of pocket. Then, you can submit a reimbursement request to your HSA provider along with the necessary documentation, such as receipts or invoices. Once approved, the HSA provider will reimburse you for the expenses from your HSA funds.


Can I use my HSA to pay for an eye exam?

Yes, you can use your Health Savings Account (HSA) to pay for an eye exam.


Can I use my HSA to pay for old medical bills?

Yes, you can use your Health Savings Account (HSA) to pay for old medical bills as long as the expenses were incurred after you opened the HSA.


Did endangered servants get paid?

Yes the endangered servents did get paid, and that is how they payed back their debts. In order for them to come to the Americas, they had to borrow money from a person, which they had to pay back later. After this porcess, they were free.


What it cost to borrow money?

nothing you borrow it and you pay it back in a certin amount of time in smaller amounts


Can I use my HSA to pay off old medical bills?

Yes, you can use your Health Savings Account (HSA) to pay off old medical bills as long as the expenses were incurred after you opened the HSA.