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OT - Flexible Spending & Health Savings Accounts?
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[QUOTE="mhshuskies, post: 2920923, member: 4148"] You can go to irs.gov and download Publocation 969 for information regarding HSA. Anyone with high deductible health insurance can open their own HSA, it does not need to be done through your payroll or work. Plenty of banks have HSA available. Once money is put in the HSA it is yours to use without a time constraint. Contributions to an HSA (up to the IRS limit) are a direct reduction of Gross Adjusted Income. Funds in an HSA can be used for any qualified medical expense, INCLUDING long term care insurance premiums. I have had one for more than ten years and think it should be a part of everyone’s investment strategy. All my kids have them and none of them are older than 30 or married. [/QUOTE]
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OT - Flexible Spending & Health Savings Accounts?
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