Once you hit retirement age, HSA money can

Be used for anything, but non medical expenses are considered taxable income, just like money pulled from an ira.

Basically you can treat an fsa like an ira with the benefit that medical expenses are never taxable income.

If you use fsa money for non medical expenses before retirement, you pay taxes and I think a penalty too.

In response to this post by HOKIERIT

Posted: 04/12/2021 at 9:23PM

HSA question -- Tafkam Hokie 04/12/2021 6:00PM

Why can’t you fund your own HSA. My company pays $4600 to it and I top it -- B777Fr8Dog 04/12/2021 6:25PM

What type of IRA, conventional or Roth? -- EDGEMAN 04/13/2021 09:52AM

For non-medical expenses, it's like a conventional IRA. For medical -- Tafkam Hokie 04/13/2021 10:58AM

So if you actually use it for medical expenses, it's all tax free, but... -- EDGEMAN 04/13/2021 11:42AM

Unless it is medical blow and hookers, I thought the HSA-> -- HOKIERIT 04/12/2021 8:03PM

Once you hit retirement age, HSA money can -- Tafkam Hokie 04/12/2021 9:23PM

Yeah...that's what i thought.. ** -- HOKIERIT 04/13/2021 3:00PM

Unless I misunderstand the rules, you can only contribute to an HSA -- Tafkam Hokie 04/12/2021 6:47PM

Yea, I have a high deductible, been pretty pleased so far. ** -- B777Fr8Dog 04/12/2021 10:54PM

But this is not a contribution. You can redeposit it. ** -- Gobble Gobble 04/12/2021 9:30PM

That is exactly correct. You have to have the correct plan to allow -- HokieSignGuy 04/12/2021 6:57PM

No you wouldn't..If you were president, your greedy blood-> -- HOKIERIT 04/12/2021 8:07PM

Very sad they consider it "their" money to spend. -- EDGEMAN 04/13/2021 09:55AM

Yes it is..but thewy DO consider it "theirs"..ALL of them-> -- HOKIERIT 04/13/2021 2:59PM

Once you hit retirement age, HSA money can

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