Can You Pay Life Insurance Premiums With Hsa?

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    Peggy MacePRO
    Most of the U.S.
    No, you cannot pay life insurance premiums with HSA. According to Publication 969 of the IRS, Heath Savings Account funds can only be used for Long Term Care insurance premiums, (within limits); COBRA health insurance premiums or health care premiums paid while receiving unemployment compensation (including premiums for spouse or dependents); and premiums to pay Medicare if age 65+ (but not premiums for Medicare Supplemental policies).
    Answered on July 19, 2013
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