How HSAs Can Cover Over-the-Counter Medications

Episode 25 of Health Savings Accounts with Fexingo breaks down a little-known rule: you can use your HSA to pay for over-the-counter medications without a prescription. Lucas and Luna walk through the 2020 CARES Act change that made this possible, what counts as a qualified OTC expense (think pain relievers, allergy meds, cold medicine), and the record-keeping gotchas that trip people up. They share a real-world example: a listener who saved $400 in a year just by using their HSA debit card at the pharmacy. Plus, a quick look at why many HSA holders still pay out of pocket for OTC drugs—and why leaving that money on the table is a mistake. If you have an HSA and you've ever bought Advil, Tylenol, or Claritin, this episode is for you. #HealthSavingsAccounts #HSA #OverTheCounter #OTCMedications #CARESAct #TaxAdvantage #MedicalExpenses #FSA #LucasAndLuna #FexingoBusiness #BusinessPodcast #Finance #PersonalFinance #Pharmacy #Drugstore #TaxSavings #HealthFinance #HSAReimbursement Keep every episode free: buymeacoffee.com/fexingo