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Message
re: Advice re: YE Bonus
Posted on 12/2/22 at 10:29 am to WaWaWeeWa
Posted on 12/2/22 at 10:29 am to WaWaWeeWa
quote:
Why is everyone saying to contribute to the HSA? What if he doesn’t have any medical expenses.
Because you can also elect to have your HSA funds invested. That's one of the "triple-tax" advantages. HSA administrators vary on how much cash you need to have in the HSA before you can elect to have funds invested, however. Ours is $2k. If at anytime the medical portion of the HSA funds fall below the $2K threshold, it will sweep funds from the investment side to get you back to the minimum.
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