HSA & FSA Resources
Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) allow you to set aside pre-tax dollars to pay for eligible health care expenses. From copays and deductibles to vision, dental, and other qualified purchases, these accounts can help make managing out-of-pocket health care costs easier.
Health Savings Account (HSA)
An HSA is a tax-advantaged savings account that is available to individuals who are enrolled in a qualified high-deductible health plan (HDHP). It allows employees and employers to contribute pre-tax dollars that can be used to pay for eligible medical expenses.
The account is owned by the employee and rolls over year-over-year, so the employee can switch jobs and still own the account. HSAs offer long-term value because unused funds can be invested and grow tax-free.
Flexible Spending Account (FSA)
An FSA is a tax-advantaged account that allows employees to set aside pre-tax dollars to cover eligible health care expenses during a specific plan year. FSAs don’t require enrollment in a high-deductible health plan and are best suited for short-term, predictable medical expenses.
The account is owned by the employer and employees typically must use the funds within the plan year or risk forfeiting unused money.
What Can HSA and FSA Funds Be Used For?
Depending on your account and plan, eligible expenses may include:
- Copays and deductibles
- Prescription medications
- Certain over-the-counter medications and health products
- Dental care
- Vision exams and eligible vision expenses
- Medical supplies
- Other qualified health care expenses
Frequently Asked Questions
What’s the difference between an HSA and an FSA?
Both accounts can help you pay for eligible health care expenses, but eligibility, contribution rules, account ownership, and how unused funds are handled differ between HSAs and FSAs.
How much can I contribute to my HSA?
In 2026, the annual limit on HSA contributions for self-only coverage is $4,400. For family coverage, the HSA contribution is $8,750. If you are age 55 or older, you may contribute an extra $1,000 annually as a catch-up contribution.
Who can contribute to an HSA?
If you’re enrolled in a qualified high deductible health plan (HDHP) with no other first dollar coverage, you’re eligible to contribute to an HSA. Family members or employers can contribute to your FSA, as well. You must ensure that any contributions made do not exceed the annual limit.
What can I use an HSA or FSA for?
Individuals can purchase anything from the store! In addition, you can use an HSA or FSA for various out-of-pocket expenses, including those for your dependents, such as copays, deductibles, vision exams, and dental care. For comprehensive details, visit the eligibility list.
What does “HSA or FSA eligible” mean?
“HSA or FSA eligible” means that, in most cases, a product or service will be covered by your HSA or FSA. HSAStore.com and FSAStore.com work with the latest industry technology to ensure that every product we carry is either HSA or FSA eligible. If you use an active HSA or FSA card for a purchase, your purchase will be auto-substantiated, and you can skip the claims process.
Are all of your products HSA or FSA eligible?
Yes, everything on the site is guaranteed HSA or FSA eligible.
Can I still shop if I don’t have an account?
Yes, the store accepts all major credit cards and all HSA debit cards.
What if I have an HSA without an HSA card?
If you don’t have an HSA card, you can pay with your credit card or other card, and request a reimbursement from your HSA following your HSA provider’s available methods.
Do you accept insurance?
Most over-the-counter (OTC) products aren’t covered by insurance, so there’s no need for insurance plans to process claims for your purchases. For home health products such as wheelchairs that might be covered, we recommend you consult your insurance plan first, as we are unable to accept or process any insurance.