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re: Health Savings Account
Posted on 8/29/15 at 11:59 pm to Zilla
Posted on 8/29/15 at 11:59 pm to Zilla
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.
1
Posted on 8/30/15 at 3:00 am to LSUfan2008
quote:
It is a great opportunity to save and invest.
Exactly this - for the future when you are 70 and facing a steady diet of medical bills.
Definitely set aside some money to insure against a catastrophe when you're young and don't expect it though. That's how the system is set up anyway so it isn't difficult.
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