4 ms·
You can keep it there and withdraw it after 65 penalty free (have to pay taxes like a traditional IRA) or you can pull it out now and pay taxes plus a 10% penal
by zrail 8y ago
You can keep it there and withdraw it after 65 penalty free (have to pay taxes like a traditional IRA) or you can pull it out now and pay taxes plus a 10% penalty.
- petronio 8y agoProbably better to withdraw and eat the penalty then, inflation will make it worth peanuts by the time I'm 65.
- pnutjam 8y agoIf it's over a certain amount you can treat it like an IRA, otherwise you should get regular savings account interest, yeah.. I'm laughing too.
- zrail 8y agoFidelity has an HSA with zero fees that lets you invest just like an IRA. I don’t know if you can open one without being a US resident, however.
- ctchocula 8y agoYou can invest it in US or international mutual funds that historically have beaten inflation by 7%.