A refresher on using a HSA to pay for LTCi premium

Posted by on Jun 27, 2014 in Long-Term Care Insurance, Long-Term Care Planning | 0 comments

Do your clients offer HSAs to their employees?

If so, the IRS considers tax-qualified LTCI premiums a qualified medical expense

That means that an individual (W2 employee) may withdraw money tax-free from their HSA to pay for standalone LTC Insurance.

To learn more vist these resources:

Resource #1 – Using HSA to pay for LTCi premium (Genworth)

Resource #2 – Using HSA to pay for LTCi premium (BenefitsPro)