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What's this?

For non-medical expenses, it's like a conventional IRA. For medical

expenses, it's even better than a Roth since the money going in AND coming out is tax-free (even any growth/earnings).

(In response to this post by EDGEMAN)

Posted: 04/13/2021 at 10:58AM

+1

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Current Thread:

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