You cannot use HSA or Flexible Spending Account funds to reimburse health care expenses for non-tax qualified dependents. Any HSA withdrawals associated with expenses for such dependents are taxable income and subject to a 20 percent tax.
You cannot use HSA or Flexible Spending Account funds to reimburse health care expenses for non-tax qualified dependents. Any HSA withdrawals associated with expenses for such dependents are taxable income and subject to a 20 percent tax.
Please watch this important video on your 2016 Morgan Stanley Benefits.