Yes, you can use 529 plan funds to pay for qualified higher education expenses, which include tuition and fees for medical school. Additionally, 529 funds can also cover certain other costs like room and board, books, and supplies, as long as the expenses are incurred while attending an eligible institution. However, it's important to check specific state regulations and ensure that the medical school qualifies under the 529 plan guidelines.
No, you cannot use FSA funds to pay for past medical bills. FSA funds can only be used for eligible medical expenses incurred during the plan year in which the funds were contributed.
Yes, you can use FSA (Flexible Spending Account) funds to pay for eligible medical expenses such as doctor visits, prescriptions, and medical supplies.
Yes, you can use FSA (Flexible Spending Account) funds to pay for braces, as they are considered a qualified medical expense.
No, you cannot use FSA funds to pay for expenses from previous years. FSA funds are meant to cover eligible medical expenses incurred during the plan year in which the funds were contributed.
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Going to medical school is very expensive, it can take years to pay off school loans.
No, you cannot use FSA money to pay old medical bills. FSA funds can only be used for eligible medical expenses incurred during the plan year.
Either through funds given to the school by the government, or through private donations and fundraisers.
Yes, you can use your credit card to pay for medical bills and then reimburse yourself with your Health Savings Account (HSA) funds. Just make sure to keep records of the expenses and the reimbursement for tax purposes.
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No, you cannot use your FSA to pay for a medical bill from last year. FSAs are intended for expenses incurred during the plan year in which the funds were contributed.