I opened a personal HSA last year because I was not aware that my employer provided me an HRA (not a limited one which is allowed along with an HRA) in addition to the high deductible health insurance. I used HSA funds to pay for various health expenses using the HSA cash account and made some investments with the associated HSA investment account (Bank of America). Reading online, it appears that I must first file for mistaken distributions to return all the money that was spent out of the account with the HSA servicer. Then once all of the spent money has been repaid, I can then file to receive my mistaken contributions back.
Is this the correct way to handle the situation and is there a simpler solution?
Thank you in advance for any help.
