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re: Health Savings Account

Posted on 8/29/15 at 10:45 pm to
Posted by Zilla
Member since Jul 2005
10599 posts
Posted on 8/29/15 at 10:45 pm to
No you would not, you can only contribute while enrolled with an HDHP.... But you should change your outlook all together. HSA accounts are fantastic. Go into it treating it like yet another ROTH IRA, as you can withdrawal penalty free (including the gains) once over 65 ... It is also a great buffer for if you ever do run into some crazy medical expenses, there if you need it...Once you get over 10k, roll it over to HSA.com and buy some stock with it!
This post was edited on 8/29/15 at 10:46 pm
Posted by matthew25
Member since Jun 2012
9425 posts
Posted on 8/29/15 at 11:31 pm to
Sean Hannity says HSA's will be the GOP replacement when the Republicans repeal ACA in 2017.

I just don't see HSA's as the answer.
Posted by LSUfan2008
Louisiana
Member since Nov 2005
2462 posts
Posted on 8/29/15 at 11:59 pm to
quote:

No you would not, you can only contribute while enrolled with an HDHP.... But you should change your outlook all together. HSA accounts are fantastic. Go into it treating it like yet another ROTH IRA, as you can withdrawal penalty free (including the gains) once over 65 ... It is also a great buffer for if you ever do run into some crazy medical expenses, there if you need it...Once you get over 10k, roll it over to HSA.com and buy some stock with it!

This is what I was thinking. It is a great opportunity to save and invest.
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