The US system is not easy on new parents. On top of all the other postpartum worries, they often also have to navigate the financial and logistical stresses of getting enough time off from work to heal and care for baby. There are several ways to get the most bang for you buck when it comes to doula care, and one of them is utilizing your HSA funds.
A Health Savings Account is a savings account that allows you to deduct the deposited funds from your taxable income, reducing the amount of taxes you owe. Sometimes employers make contributions, and sometimes individuals start their own. As of 2023, the deposit limits are $3,850 for an individual and $7,750 for a family. Also, unlike an FSA, HSA funds typically roll over from year to year. *Note: I am not a financial adviser, and this is general advice. Please do your own research to determine how this applies to you and your situation*
Each HSA company has its own rules, so be sure to give yours a call so you know what to expect. Some require the doula's EIN, a letter of medical need (They should provide a form for your doctor to sign saying that you're actually pregnant), or an itemized receipt.
Have questions about how to fund postpartum services? Please reach out to me at sarah@smallthingsbirthservices.com! I believe care should be accessible to everyone,
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