![flat-lay-arrangement-with-safety-equipment](http://lvadgear.com/cdn/shop/files/flat-lay-arrangement-with-safety-equipment_23-2148921437.jpg?v=1719404988&width=3840)
HSA Eligible Items
Do You Know !
LVAD gear clothing and bags are HSA approved
Your HSA contributions don’t expire. The money stays in the HSA until you use it.
Learn how to use your HSA card and get reimbursed for HSA-eligible items below.
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OfertaDiscounted Price
HeartMate LVAD Shirt
Precio habitual $79.95 USDPrecio de oferta $79.95 USDPrecio unitario / porOferta -
Oferta
LVAD Tank Top for HeartMate
Precio habitual $79.95 USDPrecio de oferta $79.95 USDPrecio unitario / porOferta -
Gold Quilted LVAD Shoulder Bag – Clearance Item
Precio habitual $19.95 USDPrecio habitualPrecio unitario / por -
Oferta
Men's Leather LVAD Vest
Precio habitual $79.95 USDPrecio de oferta $79.95 USDPrecio unitario / porOferta
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What is a Health Savings Account (HSA)?
A Health Savings Account is a type of savings account that lets you set aside money on a pre-tax basis to pay for qualified medical expenses. By using untaxed dollars in a Health Savings Account (HSA) to pay for deductibles, copayments, coinsurance and some other expenses, you may be able to lower your overall healthcare costs. Generally, HSA funds may not be used to pay for premiums.
While you can use the funds in an HSA at any time to pay for qualified medical expenses, you may contribute to an HSA only if you have a High Deductible Health Plan (HDHP). This generally is a health plan (including a Marketplace plan) that only covers preventive services before the deductible.
At the age of 65, you can begin taking distributions from your HSA account for any reason without paying a penalty. If you use the money to pay for a qualified medical expense, you don’t have to pay taxes on the withdrawal. This money is usually taxable when withdrawn and used for other types of expenses. At age 55, you may contribute an additional $1,000 each year into your HSA. For 2023, you can contribute up to $3,850 if you have self-only coverage or up to $7,750 for family coverage.
Some health insurance companies offer HSAs for their HDHPs. Check with your company. You can also open an HSA through some b anks and other financial institutions.
Helpful resources
FSA: https://www.healthcare.gov/have-job-based-coverage/flexible-spending-accounts/Opens in a new tab
HSA: https://www.healthcare.gov/glossary/health-savings-account-hsa/Opens in a new tab
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What if I have an HSA without an HSA card?
If you don’t have an HSA card, you can pay with your credit card or other card, and request a reimbursement from your HSA following your HSA provider’s available methods.
Is a HSA right for me?
A Health Savings Account is an excellent tool to not only save for upcoming health-related expenses, but also save for retirement. And regardless of employment status, you can open up a HSA today. However, there are several items to consider before beginning to invest in an HSA.
First, you must meet these requirements:
- Must be covered under a qualified high-deductible health plan (HDHP)
- May not be covered under any health plan that is not a qualified HDHP
- Must not be enrolled in Medicare (the healthcare component of the Social Security program)
- May not be claimed as a dependent on another individual’s tax return
If you meet these requirements, you are eligible to enroll in an HSA. But is the best fit for you?
Andrew Westlin, senior financial planner at Betterment, suggests that a certain type of consumer is more appropriate for an HSA. “If you are someone that goes to the doctor regularly and/or can’t afford to pay your deductible out of pocket, then a High Deductible Health Plan (and a HSA) is not right for you. But if you are healthy, don’t expect to have many medical expenses, and also have a safety net/could meet your deductible with cash on hand, then this type of plan may be a great fit,” he said.
For myself, I have a HSA through Lively as I have a HDHP and only visit the doctor once per year for preventative care. Each year, I try to meet the IRS maximum contribution for a single-coverage person. And every dollar I put away is invested within a brokerage account with TD Ameritrade.
Other HSA details
If you decide a HSA is right for you, here are a few things to consider:
- A health insurance plan is considered a HDHP if it meets the deductible standards determined by the IRS. You can find those here.
- Your HSA will provide you with a debit card to spend your HSA funds. Instead, you should use a rewards credit card for your medical expenses and collect rewards. I recently had corrective eye surgery, and all I needed to do was submit the receipt to my HSA provider, and they sent me the funds via direct deposit.
- If you have an employer-sponsored plan, your HSA dollars are yours to keep if you decide to leave your company. This is different than a flexible spending account (FSA), which is ‘use it or lose it’.
- If you decide to open your own HSA outside your employer, research what funds, stocks and bonds you’re able to invest in before picking a provider. Some providers have more to choose from than others.
- If you withdraw any funds and they are not used for a qualified medical expenses before 65, you will need to pay income tax and a 20% penalty.
- If you are choosing an HSA administrator for yourself, be sure to compare fee structures before you select an account. Many HSA accounts have fees attached to them, such as admin fees.
- If you have left your employer and want to switch HSA providers, you can move your funds from one account to another. There is typically a form to submit, and it may take a few weeks for the funds to transfer.
Let customers speak for us
from 141 reviewsKeeps nice and neat!
![LVAD Sleeping Belt for HeartMate Devices](https://cdn.shopify.com/s/files/1/0584/9428/7981/files/IMG_0224-2-11_57ce3167-7622-4aa6-88be-e67dbc4a2e17_250x250.jpg?v=1718447176)
They produce great products with exceptional customer service❤️
![LVAD ActiveLife Vest](https://cdn.shopify.com/s/files/1/0584/9428/7981/files/New-Fishing-Vest_1_250x250.png?v=1718450324)
Very convenient for the LVAD equipment, comfortable distribution of weight.
The center pocket for the controller could be placed lower.
![HeartMate LVAD Shirt](https://cdn.shopify.com/s/files/1/0584/9428/7981/files/IMG_0112-sm-300x300-Gravity_250x250.jpg?v=1720004000)
This is the 4th one for my husband and this is the best price yet
![HeartMate LVAD Shirt](https://cdn.shopify.com/s/files/1/0584/9428/7981/files/IMG_0112-sm-300x300-Gravity_250x250.jpg?v=1720004000)
Sure love your products but I’m on a really tight budget and can’t afford anymore shirts! Unless you send some coupons I would love to get more shirts!!
![HeartMate LVAD Shirt](https://cdn.shopify.com/s/files/1/0584/9428/7981/files/IMG_0112-sm-300x300-Gravity_250x250.jpg?v=1720004000)
I got my first shirt while in the hospital and I’m very pleased with it.
![LVAD Tank Top for HeartMate](https://cdn.shopify.com/s/files/1/0584/9428/7981/files/DSC_1571-black_250x250.jpg?v=1724774350)
My wife has had her LVAD for 2 years. We found out about your clothing and website while she was still in the hospital after implant. Ordered 2 tank tops, sleep belt and vest. She wears the tanks every day. Just ordered a new tank since the 2 year old ones are a little dingy. She loves these tanks!
![Ladies LVAD Tank Top for HeartMate](https://cdn.shopify.com/s/files/1/0584/9428/7981/files/LVAD-8b_d6d4714a-e7bc-44c4-bd2e-4c6008ef67f1_250x250.jpg?v=1720020703)
Bob really likes wearing the LVAD shirt. It gives him more freedom to do things. It is well constructed and that gives him peace of mind that then controller and batteries are secure. He wears a shirt over his and people don’t even know he has the LVAD. Thanks for a great product!
![HeartMate LVAD Shirt](https://cdn.shopify.com/s/files/1/0584/9428/7981/files/IMG_0112-sm-300x300-Gravity_250x250.jpg?v=1720004000)
My husband loves his new undershirt. It holds everything in just the right place. You got it right!
![LVAD Tank Top for HeartMate](https://cdn.shopify.com/s/files/1/0584/9428/7981/files/DSC_1571-black_250x250.jpg?v=1724774350)
I like this back pack. It will come in handy when I go to Hawaii.
![LVAD Back Pack](https://cdn.shopify.com/s/files/1/0584/9428/7981/files/back-bag-e1513927131530-1-2_250x250.jpg?v=1718447179)
This shirt gives me comfort and mobility. More than any other LVAD shirt I have bought in the past.
![HeartMate LVAD Shirt](https://cdn.shopify.com/s/files/1/0584/9428/7981/files/IMG_0112-sm-300x300-Gravity_250x250.jpg?v=1720004000)
Shirts look good, fit well. And where the correct size. Very pleased with this purchase.
![LVAD Tank Top for HeartMate](https://cdn.shopify.com/s/files/1/0584/9428/7981/files/DSC_1571-black_250x250.jpg?v=1724774350)
This backpack allows freedom of movement without the emcumberance around the waist. Quite comfortable .
![LVAD Back Pack](https://cdn.shopify.com/s/files/1/0584/9428/7981/files/back-bag-e1513927131530-1-2_250x250.jpg?v=1718447179)