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Anyone with an HDHP plan can get an HSA. Whether it's through your employer or through another plan provider like Fidelity or Vanguard.
by rockinghigh 7y ago
Anyone 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.