Talk of The Villages Florida - View Single Post - HSAs in Retirement- No Tax Advantage?- No Point?
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Old 11-17-2022, 01:42 PM
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Quote:
Originally Posted by bsloan1960 View Post
Really? Is it invested by a broker? If you only have a couple of thousand in there and you are pulling $50-100 dollars out per month you wouldn't see much gain.

My questions may seem silly, but this is a subject that I'm not well versed in.
We still have an HSA from my wife's previous company. She max'd it out every year and we hardly ever use it. We treat it like another 401K. We keep enough in the actual HSA to cover any deductible or copay we may have. The rest we transfer into an investment account which is attached to our HSA (same company). I select the funds that money is invested into. If we need more money in the HSA we can transfer it back from the investment account. We haven't touched the HSA since moving here, since the health insurance plan we currently have has no deductible. We're not yet 60 so that money just sits there earning (or not-lol) until we decide we need it.
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