US Health Savings Acct?

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nancyw
Posts: 2
Joined: Mon Aug 06, 2012 3:35 pm

US Health Savings Acct?

Post by nancyw »

I am a US citizen, perm resident of Canada. I have a US HSA - any recommendations or cautions about what to do with it? I travel regularly to US.
Thanks
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nelsona
Posts: 18685
Joined: Wed Oct 27, 2004 2:33 pm
Location: Nowhere, man

Post by nelsona »

You live in canada?(your post could mean you live in US -- PR of canad are not required to live in canada).
If you do, it ain;t much good to you, but is not a US or Cdn tax issue unless you take the money out, which you will have little opportunity to unlerss you go to a doctor in US.
After 20 years, I am severely cutting back on responses. Do not ask specifically for my help. There are a few others on this board that can answer most questions. All the best
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nancyw
Posts: 2
Joined: Mon Aug 06, 2012 3:35 pm

Post by nancyw »

Yes - live in Canada. Can I use for eligible uses if purchased in US?
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nelsona
Posts: 18685
Joined: Wed Oct 27, 2004 2:33 pm
Location: Nowhere, man

Post by nelsona »

Yes. ONLY for eligible expenses in US, nowhere else.
After 20 years, I am severely cutting back on responses. Do not ask specifically for my help. There are a few others on this board that can answer most questions. All the best
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