2 ms·
> Recently, the ability to purchase health insurance with pre-tax money has been expanded to self employed I've been doing it for 12 years. This isn't 'recent
by mgkimsal 7y ago
> Recently, the ability to purchase health insurance with pre-tax money has been expanded to self employed
I've been doing it for 12 years. This isn't 'recent'.
- lotsofpulp 7y agoOops, I got that mixed up with the ability for small business to reimburse employees with tax free money for purchasing health insurance from healthcare.gov
- mgkimsal 7y agogotcha. that's recent, iirc, like... in the last year? weren't many companies already doing 'HSA funding' as a benefit before that? Was it just taxable (but... contribution to a HSA would be deductible for me even if the income is initially taxable, so would seem a wash?). I understand this is the actual insurance though.
- lotsofpulp 7y agoHSA’s and related tax benefits are a different topic than paying for the monthly health insurance premiums with pre-tax income. People whose employers offered health insurance got to pay their premiums with pre tax money and contribute to HSA with pre tax money. People whose employers don’t offer health insurance have to pay the premiums with post tax money. But they still get to contribute to HSA with pre tax money.