Realized my employer put $2,500 into an HSA—what’s the best way to use it?
I just realized I have an HSA through my employer, and they put $2,500 into it. I honestly had no idea I even had this account until recently!
I’ve heard that HSAs can be used for things like hygiene products, including pads and tampons, but I’m not sure what qualifies or how to get the most benefit from the account.
For those of you who use an HSA, what are some of the best ways to use it? Are there any eligible expenses people commonly overlook? Also, is there anything I should know about saving the money in the HSA instead of spending it right away?
I’m completely new to HSAs, so I would appreciate any advice or tips!!