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Nov 4, 2024
7:39
:37
am
jxncoog
All-American
this
There's lots of posts about HSA. We unfortunately have lots of medical expenses and it's worked really well to know there's an annual cap on the costs.
If you're healthy and single, it can be a great savings tool.
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jxncoog
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jxncoog
Joined
Sep 2, 2005
Last login
Nov 5, 2024
Total posts
10,351 (958 FO)
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Messages
Author
Time
Which healthcare plan would you choose? Assume you are single and low 30's.
byuluvr
On My Way
Nov 4, 7:34am
Easy. HSA option. Max out HSA and don’t use it.
King of Y
Nov 4, 7:36am
this
jxncoog
Nov 4, 7:39am
You will pay $1774.80 more to get a $1600 deductible. If use it it cost $174.80
King of Y
Nov 4, 7:41am
You can set aside over $10k annually tax free w/HSA. And you can invest it and
King of Y
Nov 4, 7:56am
Isn’t the limit like $8550 next year?
daxman
Nov 4, 7:59am
1/2 that for single
RealSimsShadY
Nov 4, 8:05am
Yeah, my bad. Over $10k between HSA and Roth IRA
King of Y
Nov 4, 8:41am
HSA option, all day, every day. Especially if you are young and healthy.
Tokolosh
Nov 4, 7:41am
Finally learned how to optimize HSA tax and investment benefits when I was old
Florwood
Nov 4, 7:45am
Plan 1.
Ransom's Grandson
Nov 4, 7:47am
Option 1, and have your own contributions run thru your paycheck
RealSimsShadY
Nov 4, 8:10am
Plan 1 is the clear winner, unless you are leaving your job early in the year.
cougarstrong
Nov 4, 8:27am
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