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This is why I max out my HSA and don't withdraw since it became available to me (unfortunately this was until my 30s) Have you considered moving to a country w
by arenaninja 5y ago
This is why I max out my HSA and don't withdraw since it became available to me (unfortunately this was until my 30s)
Have you considered moving to a country with quality healthcare at cheaper price? Mexico comes to mind
- city41 5y agoIn case you're not aware, you can't use HSA funds to pay for insurance.
- arenaninja 5y agoI'm aware you can't pay premiums but you can still use it to pay services, prescriptions, deductible, co-insurance, etc.
- jorblumesea 5y agoAll this does is avoid taxes on the exorbitant amount you're paying. It doesn't make the American healthcare system significantly cheaper. Also, HSA cannot be used to pay for insurance premiums.
- arenaninja 5y agooh I agree the issue is systemic and I'd love to see Medicare for all or similar. But I don't think the agents of change are moving fast enough to affect my retirement It would be interesting to have Medicare age gradually lowered to ~26, but I have not seen this floated around as a possibility