Talk of The Villages Florida - View Single Post - HSAs in Retirement- No Tax Advantage?- No Point?
Thread: HSAs in Retirement- No Tax Advantage?- No Point?
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Old 11-18-2022, 06:57 PM
retiredguy123 retiredguy123 is offline
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Quote:
Originally Posted by Haggar View Post
Only qualified contributions are tax deductible. If you add extra money above the allowed and qualified limits it is not tax deductible.

The qualified contributions are tax deductible. The withdrawals for medical expenses are not tax deductible. They are not taxable income..

The earnings are also not tax deductible. These earnings are not taxed.
Why would you make a non-qualified contribution to an HSA? To me, that would make no sense. Basically, it would be a mistake and not considered part of the HSA account. And, it would have no special tax treatment.