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Aug 22, 2024
10:35:09am
OPINIONS I just love BYU so much
I use an HSA. If you want to save money now, FSA might be better.
It usually has lower deductible and it's a nice way to lower your AGI. That said, the HSA is likely better in every other way.

If you want to use it as an investment vehicle, you are kind of crazy to not take advantage of an HSA. It's probably the best investment vehicle that exists. Tax free on the way in and tax free on the way out (For qualified expenses). Plus tax free growth.

I'm not sure either will help you more than the other with tax deductions. Unless you have an unused amount at the end of the year in the FSA that you lose, then I believe you can deduct that amount (which is just minimizing a loss, and not ideal).
This message has been modified
Originally posted on Aug 22, 2024 at 10:35:09am
Message modified by OPINIONS on Aug 22, 2024 at 10:35:50am
OPINIONS
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