- what you do with your HSA contribution amount - can you pay medical bill of some one else using HSA
Considering most HSAs give you a debit card, you can probably pay for someone else, though I'm not sure of the legal implications. I use mine for vision and dental, as I don't really have health conditions or a family. I invest the rest in a self managed portfolio selection offered by the HSA.
You can usually pay for your spouse and dependent children and still get the tax deduction. You can pay for other people's, but it should be marketed as a mom exempt withdrawal and normally have a 20% penalty - if so it's better to pay for your own allowed medical needs without using the HSA and offset the amount that was disallowed.
Tax fraud to spend it on someone not in your family.
I’m saving mine for laser eye surgery
health savings account account
Treat it like an IRA and invest it. I keep track of my receipts, but don't make withdrawals right now.
This is the best way. HSA are triple tax advantage accounts. By not using the money in it, you are letting your (1) pre-tax money (2) grow tax-free and by claiming the saved receipts even years later, you are (3) not paying any tax on the expenditure.