Some year end financial planning advice from the Orlando Sentinel:
Q. Can I use funds from my HSA to reimburse myself in later years for medical expenses incurred in previous years? — T.L., Orlando
A: Yes. If you are using the HSA funds for qualified medical expenses, you can keep the receipts and reimburse yourself in future years as long as those expenses are incurred after you originally established the HSA account. This can be an ideal strategy to maximize the tax-free growth and tax-free distributions of the HSA. — Derrick Chandler
For more information on the issues surrounding medical debt, please contact RIP Medical Debt.