Question about HSA

[Daisyedwards800]

I had an HSA through Optum Bank for January 2018-May 2018 through my previous employer.  We both contributed so there was about $600 in there.

I enrolled in a high-deductible at my new employer for June 2018-December 2018 and their HSA (through Aetna), and didn't put anything in until after year-end when I made a 2018 contribution for $2500 by April 15th (partially funded now and will fund the rest March 15th).

I incurred expenses at the ER in June 2018 when I fell down the stairs.  I owe about $1500 and want to use the 2018 contribution towards that.  Is that allowed?  I used up the $600 in the other account already.

[MDM]

I incurred expenses at the ER in June 2018 when I fell down the stairs.  I owe about $1500 and want to use the 2018 contribution towards that.  Is that allowed?

Yes, because your HSA was established before the medical expense occurred.

[Milkshake]

I incurred expenses at the ER in June 2018 when I fell down the stairs.  I owe about $1500 and want to use the 2018 contribution towards that.  Is that allowed?

Yes, because your HSA was established before the medical expense occurred.

+1

Being able to use HSA funds is based on account open date, not funding date. As MDM said, as long as the medical expense occurs AFTER the account is open, you can use any money in it for that expense, regardless of when the actual money was put into it.