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Assuming that an hsa qualified health care plan is in effect:

Can you do the following?

  1. Get a procedure that is covered and pay out of pocket for it
  2. After the procedure save up money in your HSA
  3. Take a disbursement from the HSA account to pay you back once the money is saved in your HSA
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  • The marked duplicate answers the question, this benefit of the HSA can be leveraged with investments over many years, wrote a bit about that here: money.stackexchange.com/questions/110771/…
    – Hart CO
    Commented Oct 13, 2021 at 18:11
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    Note: What the duplicate question doesn’t make clear is that you can only take a reimbursement for a medical expense that is incurred after your HSA is established (even if there isn’t enough money in it at the time). Your question assumes that “an HSA qualified health care plan is in effect,” but that is not the same thing as ensuring that the HSA account itself exists, which would need to happen before the medical procedure.
    – Ben Miller
    Commented Oct 13, 2021 at 18:11
  • Thanks for everyone's help navigating this Commented Oct 13, 2021 at 20:42

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