Can I still make qualified distributions from an HSA (Health Savings Account) if I am no longer eligible to contribute? Otherwise, what happens to any remaining balance in the HSA?
Example: Say I sign up for an HSA when I am eligible (covered under an eligible HDHP and whatnot), make a number of eligible contributions, and then a few years down the road (or even the next year) switch to a non-eligible healthcare plan (non-HDHP). I now (hypothetically) have money sitting in an HSA but I am no longer eligible to contribute. Can I still makereceive qualified, tax-free distributions from the HSA?