hsa_stack: The Complete List of FAQs

We've compiled the official list of our most frequently asked questions to help you understand how hsa_stack works and how it can help you transform your HSA from a simple spending account into a powerful wealth-building tool.

Core Strategy & Benefits

What is the delayed reimbursement strategy? The delayed reimbursement strategy lets you keep your HSA receipts now and reimburse yourself years later, allowing your HSA funds to grow tax-free in the meantime. With hsa_stack, you can securely store your receipts and track eligible expenses while your investments compound over time. It's like giving your future self a tax-free bonus!

Is it legal to wait to reimburse HSA expenses? Yes, absolutely! The IRS allows you to reimburse eligible medical expenses from your HSA at any time in the future, as long as the expense occurred after your HSA was established. hsa_stack helps you take advantage of this rule by securely storing your receipts and expense details, making it easy to track and reimburse when you're ready.

Can I still use hsa_stack if I don't plan to use a delayed reimbursement strategy? Of course! While hsa_stack is perfect for delayed reimbursement, it's also an invaluable tool for traditional HSA users. You'll benefit from our smart receipt processing, expense tracking, and seamless reimbursement features. Think of it as your personal HSA assistant – making it easier to manage your health expenses, track your HSA balance, and ensure you never miss out on eligible reimbursements.

How hsa_stack Works

What happens if I lose my receipts? That's exactly why hsa_stack exists! We securely store digital copies of all your medical receipts in the cloud. You can easily upload receipts from your phone, computer, Google Drive, or Dropbox. Plus, our smart receipt processing automatically extracts and organizes key information, so you'll never have to worry about lost or faded receipts again.

Can I use hsa_stack with my existing HSA provider? Yes! hsa_stack works with any HSA provider. We offer direct connections for automatic balance tracking with many popular providers, and you can also easily add any HSA account manually. You maintain full control of your HSA while gaining powerful receipt management and tracking tools.

What is 'Smart Reimbursement'? "Smart Reimbursement" is a unique feature that solves the headache of figuring out which receipts to use when you need to withdraw a specific amount of money. If you need exactly $500 from your HSA, our algorithm will find the perfect combination of your unreimbursed expenses to hit that target, saving you the manual math.

Can I track expenses for my family members? Yes, hsa_stack is designed to handle the complexity of family expenses. You can track and manage costs for multiple family members to keep everything organized.

Compliance & Audits

Can hsa_stack help me prepare for an IRS audit? Absolutely! hsa_stack generates comprehensive audit documentation packages with one click, including all your stored receipts, expense details, and reimbursement history. Your records are organized, accessible, and ready when you need them. We take the stress out of documentation by maintaining a clear paper trail of all your HSA activities.

General & Account

What is an HSA? A Health Savings Account (HSA) is a tax-advantaged savings account available to those enrolled in a high-deductible health plan. Its primary power comes from its triple tax advantage: contributions are tax-deductible, funds grow tax-free, and withdrawals for qualified medical expenses are also tax-free.

Is my financial data secure? Yes. Security is the foundation of our platform. We use Plaid to connect to our financial institutions, which means we never see or store your bank credentials. Your data is protected with bank-level security to ensure it remains safe and private.