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Hokie360

Joined: 08/26/2006 Posts: 17911
Likes: 7206


Also can use it as a retirement savings vehicle.


Every year Fidelity gives their estimate of what an average couple retiring that year would spend out of pocket in medical care over their retirement years. Many companies give you the option of investing from your HSA account. So any money not needed this year can be invested for your retirement, and pulled out tax-free later for medical expenses (compared to pulling from 401-k money that would be taxed).

(In response to this post by skinsvt)

Link: https://www.fidelity.com/bin-public/060_www_fidelity_com/documents/press-release


Posted: 11/17/2019 at 4:29PM



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Current Thread:
 
  
Doing my benefits for next year -- ElbertoHokie 11/17/2019 3:44PM
  Elbert depends where you live -- Hokie1992 11/18/2019 9:43PM
  I`m looking at my benefits,too. I will -- VTUD 11/17/2019 8:17PM
  Yep. I am leaning -- VTUD 11/18/2019 2:06PM
  Just remember FSAs are use or lose every year ** -- 81_Hokie 11/17/2019 6:15PM
  This baffles me. Where does that money go? ** -- hoosnowahokie 11/17/2019 9:02PM
  Those never really worked out for me -- `lag 11/17/2019 8:11PM
  Yep, and daycare... -- JoesterVT 11/17/2019 9:48PM
  I’m using a dependent care fsa for that. -- ElbertoHokie 11/17/2019 11:17PM
  He's talking FSAs, not HSA -- JoesterVT 11/17/2019 6:32PM
  Every "legit" daycare will work -- BB Hokie 11/17/2019 4:07PM
  This. -- Nova Hokie 95 11/17/2019 8:15PM

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