I'm thinking of buying a house in the next year. I still haven't funded my Health Savings Account yet. If I do, can I use that money to pay for my house without penalty? I know you can do this with an IRA, but what about a health savings account?
Can I use the money in my Health Savings Account to pay for a first time House?
No it is for your health stuff. By the way do not use your IRA it is for retirment whihc means you would be borrowing from your future very bad idea. Just save some more... also because you will need money for upkeep, taxes etc.
Reply:Nope. Like what it says, it is for Health Savings...otherwise it would have been called Home Savings.
Reply:nope
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