Hello subra1
Congratulations on retirement! Great news that you have funds in your HSA and you can use the funds for qualified medical expenses for your COBRA payments and Medicare coverage.
https://www.irs.gov/publications/p969#en_US_2020_publink1000204086 states
You can’t treat insurance premiums as qualified medical expenses unless the premiums are for any of the following.
-
Long-term care insurance.
-
Health care continuation coverage (such as coverage under COBRA).
-
Health care coverage while receiving unemployment compensation under federal or state law.
-
Medicare and other health care coverage if you were 65 or older (other than premiums for a Medicare supplemental policy, such as Medigap).
I hope this information is helpful!
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
