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re: HSA Tax Deduction

Posted on 1/13/14 at 11:32 am to
Posted by Chaplain
8,000,000 posts
Member since Nov 2009
1147 posts
Posted on 1/13/14 at 11:32 am to
1. I don't miss the money
2. It's there when I need it for any doctors copays, prescriptions, or unexpected medical expenses.
3. I can use it for my wife or daughters medical expenses (braces are expensive)
4. I'm saving up for LASIK surgery tax free.

ETA: I'm not saying that maxing out an HSA is best for everyone, it's just the best case for my family.
This post was edited on 1/13/14 at 11:41 am
Posted by dcrews
Houston, TX
Member since Feb 2011
30223 posts
Posted on 1/13/14 at 12:31 pm to
quote:

1. I don't miss the money
2. It's there when I need it for any doctors copays, prescriptions, or unexpected medical expenses.
3. I can use it for my wife or daughters medical expenses (braces are expensive)
4. I'm saving up for LASIK surgery tax free.

ETA: I'm not saying that maxing out an HSA is best for everyone, it's just the best case for my family.


That all makes perfect sense. I was just trying to figure out for a single, healthy, 29 year old who never goes to the doctor, nor has any prescriptions, what would be the reasoning for me to do this.

I guess for my particular situation, it doesn't seem the best option.
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