Submitted by Tshell75 t3_125pggr in personalfinance
ghalta t1_je57o7a wrote
You can only have a personal HSA if your only coverage is HDHP. So, as other replies already state, you need to drop the other insurance if you want to get the HSA.
If you do this, though, other people in your immediately family are able to use your HSA dollars for their healthcare expenses, even if they are covered by regular plans. HSA eligibility with regard to your health care plan is about putting money in, not taking it out. See the second-from-last footnote on this handy chart.
https://www.chard-snyder.com/uploads/miscellaneous/FSA-HSA_Contribution_Rules_v8.21.pdf
Tshell75 OP t1_je5807a wrote
Thank you that helps
DeluxeXL t1_je59bam wrote
> other people in your immediately family are able to use your HSA dollars for their healthcare expenses
Only if they are your spouse or dependents.
Who you can spend HSA on does not depend on your/their insurance at all.
ghalta t1_je5adu2 wrote
True, fair enough. I see that the government's definition of "immediate family" is different than mine, as theirs includes parents and in-laws and siblings that are definitely not eligible to use your HSA funds.
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