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HSA vs Traditional Health Insurance

Posted on 3/4/15 at 7:28 am
Posted by TigerSaint1
Member since Apr 2014
1479 posts
Posted on 3/4/15 at 7:28 am
Right now I get about $100/week taken out of my check for health and dental insurance for my wife and I. Its a $400 deductible plan and is through Blue Cross, so it is pretty good insurance. I'm 27 and do not go to the doctor often but my wife does a few times a year. So my question is would I be better off putting this money into a HSA plan and what are the pros and cons of each. FYI I already have a 401k through work and IRA fully funded each year so the HSA would just act like another retirement vehicle.
Posted by Smalls
Southern California
Member since Jul 2009
10245 posts
Posted on 3/4/15 at 7:44 am to
You do realize that with a Health Savings Account, you would have to switch to a high deductible plan?
Posted by AUTigerLSUSaints
Member since Feb 2015
30 posts
Posted on 3/4/15 at 8:01 am to
(no message)
This post was edited on 7/30/15 at 12:23 pm
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