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Tag: Medical expenses

Explore our comprehensive collection of health articles in this category.

Are Magnesium Supplements Covered by FSA? Navigating Eligibility

4 min read
According to IRS guidelines, expenses must be for diagnosing, curing, mitigating, treating, or preventing a disease. This means while general wellness products like magnesium supplements are not typically FSA-eligible, they can be covered under specific circumstances. Navigating these rules requires understanding when and how to document medical necessity.

Can I use HSA to buy iron supplements? A Guide to Eligibility

4 min read
According to IRS regulations, supplements for general health and wellness are not eligible for tax-advantaged HSA spending. However, you can use HSA to buy iron supplements if a medical professional prescribes them to treat a specific, diagnosed medical condition, such as anemia.

Are Hydration Powders HSA Eligible? A Comprehensive Guide

5 min read
According to the World Health Organization (WHO), oral rehydration therapy (ORT) has saved countless lives and is considered a critical medical intervention. This medical classification is key to understanding if products like hydration powders are eligible for purchase with your Health Savings Account (HSA).

What bills count for food stamps in MD?

4 min read
In Maryland, reporting all eligible household expenses is crucial for maximizing your Supplemental Nutrition Assistance Program (SNAP) benefits. Understanding precisely what bills count for food stamps in MD can increase your monthly allotment, helping to stretch your food budget further.

What Supplements Can I Buy With My HSA Card?

4 min read
According to the IRS, standard vitamins and supplements are generally not eligible for HSA reimbursement unless a healthcare provider recommends them for a specific medical condition. The key to using your Health Savings Account for supplement purchases lies in understanding the IRS rules and documentation requirements, such as obtaining a Letter of Medical Necessity.

Is DripDrop Hydration FSA Eligible? Your Guide to Using Pre-Tax Funds

4 min read
According to IRS guidelines, many oral rehydration solutions are considered eligible medical expenses. The good news for many consumers is that yes, DripDrop hydration is FSA eligible, along with being HSA approved, because it meets the criteria for an over-the-counter medical item. This allows you to use your pre-tax dollars to cover the cost of this crucial hydration product.