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re: HSA Tax Deduction
Posted on 1/11/14 at 5:17 pm to ell_13
Posted on 1/11/14 at 5:17 pm to ell_13
Thanks for the additional emphasis
On a more serious note: it allows you to put money in the market pre-tax, not pay taxes on growth, and not pay taxes on health related withdrawals.
Even if you have a really lucky life, medical care is by far the highest end of life cost
On a more serious note: it allows you to put money in the market pre-tax, not pay taxes on growth, and not pay taxes on health related withdrawals.
Even if you have a really lucky life, medical care is by far the highest end of life cost
This post was edited on 1/11/14 at 5:19 pm
Posted on 1/12/14 at 4:52 am to Volvagia
quote:
Even if you have a really lucky life, medical care is by far the highest end of life cost
No, supplement insurance is that covers what Medicare doesn't. Cost me 4 times more then what medicare does and covers less.
Posted on 1/13/14 at 12:12 pm to Volvagia
quote:
Even if you have a really lucky life, medical care is by far the highest end of life cost
The vagaries of health. Went in for a continuing 90-day oncologist monitoring/workup this AM and a new doctor comes in the exam room and informs me my oncologist has cancer, is doing chemo, and might be back by the next scheduled visit. I saw him getting an infusion when leaving and went in and spoke with him, dude has lost 40 lbs in 90-days and wasn't fat to begin with. Another friend was diagnosed with t-cell lymphoma last year @ 47. The odds of needing $ for health related reasons prior to 60 are getting higher in my experience, plus ask many seniors what they are paying for Medicare supplemental and OOP costs and the HSA $ could come in very handy.
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