3 ms·
HSAs are wildly overrated. Yes, it’s triple tax advantaged and it rolls over, but with a yearly limit of less than $4K it’s not moving the needle for most peopl
by ramphastidae 5y ago
HSAs are wildly overrated. Yes, it’s triple tax advantaged and it rolls over, but with a yearly limit of less than $4K it’s not moving the needle for most people.
- nemo44x 5y agoYou’re forgetting the magic of compound interest. After 25 years of depositing 7k (that’s the current limit) you’d have $600k with a cost basis of $180k assuming the money was put into index funds. That $180k was all pre-tax meaning you probably only put in $120k of it or so assuming high marginal rates.
- ramphastidae 5y agoLimit is $3500 for individuals, $7000 for families.