You can use the funds in your HSA to pay for qualified medical, dental, vision and prescription drug expenses, including over the counter drugs that have been prescribed by a doctor as described in IRS Publication 502. You may also use your HSA funds as supplemental income after age 65. Once you are 65, you may withdraw funds for any reason without paying a penalty, but they will be subject to ordinary income tax. If you are under age 65 and use your HSA funds for non-qualified expenses, you will need to pay taxes on the money you withdraw as well as an additional penalty.

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