Search found 3 matches
- Fri Nov 22, 2019 7:35 pm
- Forum: General questions and comments
- Topic: What is the best way to model a Health Savings Account (HSA)?
- Replies: 4
- Views: 8938
- Thu Nov 21, 2019 3:52 pm
- Forum: General questions and comments
- Topic: What is the best way to model a Health Savings Account (HSA)?
- Replies: 4
- Views: 8938
Re: What is the best way to model a Health Savings Account (HSA)?
Thanks for the very quick response! For now, I am looking at using the HSA like a Roth IRA. I was planning to pay for my medical needs out of pocket and save the HSA as part of an insurance for medical costs or long term care later in life (along with a Roth IRA). I have already done as you suggeste...
- Wed Nov 20, 2019 5:58 pm
- Forum: General questions and comments
- Topic: What is the best way to model a Health Savings Account (HSA)?
- Replies: 4
- Views: 8938
What is the best way to model a Health Savings Account (HSA)?
I am planning on retiring at 60 but still contribute to a HSA between 60 and 64. I think I would have to model both $4,500 of income for these years and $4,500 of tax free investment. However, an HSA is both tax free and tax deferred. I am not quite sure on how to model this correctly.
Thanks!
Thanks!