- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Anybody else using their HSA as a retirement vehicle?
Posted on 3/22/24 at 3:55 pm to DiamondDog
Posted on 3/22/24 at 3:55 pm to DiamondDog
I’ve been using mine for medical expenses. Should I not be doing that?
Posted on 3/23/24 at 12:34 am to Celery
quote:
I’ve been using mine for medical expenses. Should I not be doing that?
If you can afford to pay the expenses out of pocket, it can make sense to let it grow in the HSA. That's what I'm doing.
I've been tracking eligible expenses for several years. I've already got 12k that I can reimburse myself at any time tax free.
Imo after a company 401k match, the HSA is even more valuable than a Roth IRA. It's the only investment vehicle that offers tax deductible contributions, tax deferred growth and tax free withdrawals for medical expenses. Nothing else is triple tax advantaged like the HSA.
This post was edited on 3/23/24 at 12:35 am
Popular
Back to top
Follow TigerDroppings for LSU Football News