Can I Pay Long-Term Care Insurance With Hsa?

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   Jerry Vanderzanden, CLU, ChFC

   Co-Founder, Coastal Financial Partners Group, California

   Health Savings Accounts (HSAs) are used with those enrolled in high deductible health plans to pay medical expenses. Referring to eligible medical expenses in IRS Publication 502, "You can include in medical expenses amounts paid for qualified long-term care services and premiums paid for qualified long-term care insurance contracts."

   Answered on May 22, 2013

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