3 ms·
While I am satisfied with my HDHP + HSA, I'd be a lot more worried if it were my only option (I'm only young for now) or if I didn't make/save as much. People
by goobynight 7y ago
While I am satisfied with my HDHP + HSA, I'd be a lot more worried if it were my only option (I'm only young for now) or if I didn't make/save as much.
People are getting hit with HDHP only and no HSA? That's rough.
- rockinghigh 7y agoAnyone with an HDHP plan can get an HSA. Whether it's through your employer or through another plan provider like Fidelity or Vanguard.
- trynewideas 7y agoAn HSA with no employer contribution, or even administrative assistance, is like throwing money into a trash can, except at least if you throw money into a trash can, you can wheel it down to any hospital and they'll probably accept it.
- lotsofpulp 7y agoWhat? It takes 5 minutes to open a free HSA account at Fidelity and transfer funds to it.
- rb808 7y agoI didn't know they were available. I thought it could be open to everyone, but employer ones do have advantages. https://www.fidelity.com/go/hsa/why-hsa https://www.fidelity.com/go/hsa/why-hsa > You could also use it in place of an employer HSA. If you do this, you may miss out on opportunities like pre-tax payroll or employer contributions, so check with your employer to see what they offer.
- lotsofpulp 7y agoYou can still deduct contributions from income taxes, and you can also transfer funds after contributing to your employer sponsored HSA to your individual one.