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HSA Tax Deduction
Posted on 1/11/14 at 4:08 pm
Posted on 1/11/14 at 4:08 pm
I have an HSA account set up which allows me to invest a portion of the account value. Would it be wise to contribute the maximum amount, $3250, to this account to get the maximum tax deduction? Thanks in advance for the advice.
3
Posted on 1/11/14 at 4:39 pm to RoosterCogburn585
Yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes
Posted on 1/13/14 at 6:21 am to RoosterCogburn585
quote:
Would it be wise to contribute the maximum amount, $3250, to this account to get the maximum tax deduction?
YES
GREAT tax shelter, maybe best available...put max in every year, invest it, and don't touch it...it will grow tax free and will be tax free withdrawal later in life when you use it...
Posted on 1/13/14 at 9:31 am to RoosterCogburn585
I put 2K in per year. This is my third year being in an HSA. With the comments I have read I am going to max it from now on.
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