The insurance is the major thing. An HSA just lets you pay co-pays pre-tax. If

Dec 30, 2024
8:05:06pm

BYU'01 All-American

they are still on your insurance I don’t expect they’re paying much in income tax, i.e. whether they pay co-pays out of pocket or from an HSA the difference will be negligible.

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BYU'01

Bio page: BYU'01
Joined: Jan 18, 2003
Last login: Jan 2, 2025
Total posts: 8,839 (144 FO)

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Messages

Author

Time

Insurance moving to an HSA next year. What does this mean for adult children?

cvd6262

12/30/24 7:54pm

Are they full time students?

Jericho

12/30/24 7:56pm

We keep the HSA account for savings anyways, I think the kids can still

ABCoug

12/30/24 8:00pm

Yes, they could open their own, but not through our insurer (we asked). So they

cvd6262

12/30/24 8:06pm

There payments still count toward the familty deductable limit

ABCoug

12/30/24 8:21pm

They are covered, you just have different accounts for the HSA, which can

cougaman

12/30/24 8:51pm

They’re covered, just can’t use the HSA.

molodyets

12/30/24 11:28pm

All HSA is out of pocket. It’s just tax exempt funds.

Tare

12/30/24 8:02pm

The insurance is the major thing. An HSA just lets you pay co-pays pre-tax. If

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