from Copilot:
Quick Answer:
You can use HSA funds tax-free to pay for Medicare premiums (Parts A, B, C, and D), but you cannot use HSA funds to pay for Medigap (Medicare Supplement) premiums Boomer Be... +1.
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Detailed Breakdown
Medicare Premiums Allowed
HSA funds can be used for:
• Medicare Part A (Hospital Insurance) premiums, if applicable.
• Medicare Part B (Medical Insurance) premiums.
• Medicare Part C (Medicare Advantage) premiums.
• Medicare Part D (Prescription Drug Coverage) premiums.
These are considered qualified medical expenses under IRS rules, so withdrawals from your HSA for these premiums are tax-free US News H... +1.
Medigap Premiums Not Allowed
• Medigap (Medicare Supplement Insurance) premiums are not eligible for HSA reimbursement.
• The IRS specifically excludes Medigap premiums from the list of qualified expenses Boomer Benefits.
